BOJ will act decisively using its ‘ample’ tools: Kuroda

Thomson ReutersBOJ Governor Kuroda speaks during an upper house financial committee meeting of the Parliament in Tokyo

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank will act decisively using its “ample” policy options if needed to achieve its 2 percent inflation target.

“We will take monetary policy measures in a timely, forward-looking manner,” Kuroda said in a speech at a seminar, adding that the BOJ would not necessarily stand pat until the effects of past easing measures on the economy are confirmed.

“Risks to the economy are tilted to the downside,” he said, pointing to uncertainty over the global economy, volatile financial markets and their effect on business sentiment.

(Reporting by Leika Kihara and Stanley White; Editing by Chris Gallagher)

Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.