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- Bank of Japan Governor Haruhiko Kuroda: Japan's economy has continued to recover moderately
Bank of Japan Governor Haruhiko Kuroda: Japan's economy has continued to recover moderately
The Bank of Japan Governor Haruhiko Kuroda said at the annual meeting of the National Association of Shinkin Banks in Tokyo on Friday:
- Japan's economy has continued to recover moderately and the easing would continue until the 2% inflation target was reached;
- The BoJ could make adjustments to hit the 2% target if required;
- Japan's economy is expected to continue a moderate recovery;
- The BoJ could introduce additional stimulus measures should Japan's economic activity and prices deviate from the baseline recovery scenario;
- The annual consumer inflation should accelerate in or after October;
- The 2% target should be reached during fiscal 2015.
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