BOJ's Kuroda: need financial sector support for monetary policy to work

Mon Apr 15, 2013 2:50am EDT
 
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TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday the financial sector's support of corporate and household activity is necessary for monetary policy to lead to higher economic growth.

There is still some uncertainty in global financial markets, so it is important for banks to practice good risk management, Kuroda said in a speech.

(Reporting by Stanley White; Editing by Ken Wills)

 
Bank of Japan Governor Haruhiko Kuroda speaks during a group interview at the BOJ headquarters in Tokyo April 10, 2013. REUTERS/Toru Hanai