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BOJ Kuroda Strikes Positive Note on Econ, Sees No Need for Easing
Bank of Japan Gov. Haruhiko Kuroda hit a more upbeat note about the nation’s economy Friday, saying the central bank has effectively raised its view of the economy, while rejecting a view that more additional easing is necessary to achieve 2% inflation. Speaking after the central bank’s two-day policy meeting, at which the BOJ stood pat on monetary policy, Mr. Kuroda said that the change made in the wording of the bank’s latest economic assessment released earlier in the day amounted to a “half- or one-step forward.” Mr. Kuroda’s remarks dispelled confusion caused by the statement that said the economy ... (full story)