BOJ’s Kuroda Vows to Continue Easing Until 2% Target Achieved
From bloomberg.com
Bank of Japan Governor Haruhiko Kuroda pledged to continue easing until a 2 percent inflation target is reached, in a sign he wants the central bank to strengthen its commitment to ending deflation. “The 2 percent price stability target has been set by the policy board, and of course, we will work to continue monetary easing until that is realized,” Kuroda said in parliament today. Investors expect Kuroda, who said this week he wants to reach the inflation target in two years, to add to monetary stimulus at his first policy-setting meeting on April 3-4. Bond yields fell to a 10-year low today as Kuroda says he wants ...
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