Thinking on Future Policy Conduct The Bank recognizes that its responses mentioned earlier will contribute to supporting economic and financial activities, coupled with various measures by the Japanese government as well as those by the government and central bank of each country and region in response to the spread of COVID-19.
On this basis, for the time being, the Bank will closely monitor the impact of COVID-19 and will not hesitate to take additional easing measures if necessary. 6  In the meantime, it expects short- and long-term policy interest rates to remain at their present or lower levels.