June 21, 2018 / 6:00 AM / in a year

BOJ's Funo voices worry about impact of protectionism

FILE PHOTO: Newly-appointed Bank of Japan (BOJ) board member Yukitoshi Funo speaks during his inauguration news conference at the BOJ headquarters in Tokyo, July 1, 2015. REUTERS/Toru Hanai

SENDAI, Japan (Reuters) - Bank of Japan board member Yukitoshi Funo said on Thursday he was worried that protectionism could damage the world economy and trade volume, and in turn affect Japan’s economy.

Speaking at a news conference after a speech to business leaders in Sendai, northeastern Japan, Funo also said he had no preset idea on monetary policy as the central bank was ready to adjust policy as appropriate.

Reporting by Tetsushi Kajimoto; Editing by Chris Gallagher

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