Bank of Japan Governor Kuroda speaking
- Given Japan's experience battling banks' debt woes, it is true policymakers need to identify problems in banking sector and act quickly
- Each country's financial system, bank problems has its own feature so no one-size-fits all solution
- Euro zone has its own rules for dealing with its banking problem, expect policymakers to act for prompt solution
- Will explain to g20 counterparts BOJ made quite a strong commitment on maintaining ultra-loose policy
- Don't think monetary policy has reached its limits
I've bolded the headlines dealing with monetary policy
Headlines via Reuters