BOJ's Kuroda: will not hesitate to adjust policy if risks appear

TOKYO Wed Feb 12, 2014 12:14am EST

Haruhiko Kuroda, Governor of the Bank of Japan speaks during a session at the World Economic Forum (WEF) in Davos January 25, 2014. REUTERS/Ruben Sprich

Haruhiko Kuroda, Governor of the Bank of Japan speaks during a session at the World Economic Forum (WEF) in Davos January 25, 2014.

Credit: Reuters/Ruben Sprich

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TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Wednesday he will not hesitate to adjust the central bank's quantitative easing if upside or downside risks to the economy and prices appear.

Kuroda, speaking in the lower house budget committee, also said the amount of outstanding government debt held on the central bank's balance sheet is more important than the flow or pace at which it acquires debt.

(Reporting by Stanley White; Editing by Dominic Lau)

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