If there is a need to act, the central banks do not need to confirm the full impact of negative interest rates, Bank of Japan Governor Haruhiko Kuroda said at the press conference on Tuesday.
Kuroda said the effect of the negative policy rate is feeding into the economy and prices.
Earlier in the day, the BoJ refrained from expanding its monetary stimulus and kept its negative interest rates unchanged.
The bank introduced negative rates in January in order to achieve its 2 percent inflation at the earliest possible time.
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