By Leika Kihara2 Min ReadTOKYO (Reuters) -Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday warned of “very high uncertainty” over the financial outlook and confused anew the central financial institution’s readiness to ramp up stimulus as wanted to underpin a fragile restoration.FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda speaks at a information convention in Tokyo, Japan, December 19, 2019. REUTERS/Kim Kyung-HoonThe remarks reinforce market expectations the BOJ will stay an outlier amongst a worldwide wave of central banks elevating rates of interest to fight hovering inflation.“Uncertainty regarding Japan’s economy is very high” given dangers such because the COVID-19 pandemic’s affect, Ukraine disaster and rising commodity prices, Kuroda mentioned, including the BOJ was carefully watching the affect foreign money strikes could have on the economic system.“We won’t hesitate to take additional monetary easing steps as necessary” with a watch on dangers, Kuroda mentioned in a speech to a quarterly assembly of the central financial institution’s department managers.Kuroda additionally repeated the BOJ’s coverage steering that the financial institution expects short- and long-term rate of interest targets to “move at current or lower levels.”In a quarterly report issued on Monday, the BOJ raised its evaluation for seven of Japan’s 9 regional areas as consumption confirmed indicators of restoration from the pandemic’s hit.The yen has slid in opposition to the greenback on expectations the BOJ will maintain financial coverage ultra-loose, widening the divergence between the U.S. Federal Reserve’s aggressive fee hike plan.The greenback climbed to a 24-year excessive on the yen on Monday after Japan’s ruling coalition’s sturdy election outcome indicated no change to ultra-easy financial coverage.Under its yield curve management coverage, the BOJ pledges to maintain short-term charges at -0.1% and the 10-year bond yield round 0% as a part of efforts to fireside up inflation to its 2% goal.While inflation exceeded 2% for 2 straight months in May due largely to rising gasoline prices, Kuroda has shrugged off the prospect of a near-term fee hike on the view such cost-push inflation will show non permanent until accompanied by greater wage development.Reporting by Leika Kihara; Editing by Christopher Cushing and Sam HolmesOur Standards: The Thomson Reuters Trust Principles.