BoJ's Kuroda: Will continue powerful monetary easing to help economy recover from covid-induced slump

The Bank of Japan's governor Haruhiko Kuroda said that the central bank will continue powerful monetary easing to help the economy recover from a covid-induced slump.

Key quotes

• Rapid yen moves seen until recently undesirable.
• FX market regaining stability.
• A quarter of import price gains in April was caused by yen weakening s caused by yen weakening.

More to come...