The head of Japan’s central bank told local outlet Nikkei on Sept. 8 that accommodative monetary policy would continue even after the pandemic subsides in a bid to hit a 2 percent inflation target, a goal that has been undershot for years. Haruhiko Kuroda, Governor of the Bank of Japan, said that the central bank’s yield curve control policy would remain in place even if fiscal policy becomes more expansionary, according to Nikkei. Under the policy, the Bank of Japan makes massive bond purchases to keep the benchmark 10-year bond yield at around zero and short-term interest rates below that level at -0.1 percent. “Even if fiscal policy becomes more aggressive, interest rates will remain low and help enhance the effect of fiscal policy,” Kuroda said, according to the outlet. Asked about the impact of additional fiscal spending on markets, Kuroda said he didn’t think it would be negative, adding, …