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BOJ’s Kuroda sees potential end to QE, says no currency manipulation in Japan
Japan will consider ditching its ultraloose monetary policy as soon as inflation meets the 2% inflation target, Bank of Japan Gov. Haruhiko Kuroda told CNBC in an interview over the weekend. Kuroda also addressed issues such as global trade and currency manipulation in the interview, released on Monday. Within the next five years, Kuroda said, Japan will reach the BOJ’s 2% inflation target, by which time the central bank will start “discussing how to gradually normalize the monetary condition.” Japan’s latest inflation reading stood at 0.5% for the 12 months leading up to March. However, “in order to reach ... (full story)