BOJ's Kuroda: Japan inflation will steadily head towards 2% target

Observing stock activity at a desk

Bank of Japan (BOJ) Governor Kuroda speaking in parliament today

  • Price trend expected to continue improving
  • Japan inflation will steadily head towards 2% target
  • Japan's economy improving gradually
  • Pace of wage growth somewhat slow when considering very tight job market, record high corporate profits
  • Have no plan, and no need, to change 2% inflation target
  • Won't hesitate to adjust policy if needed
  • No plan to ease policy now

  • QQE policy has a risk for BOJ's finances
  • Japan's potential growth rate is at or below 0.5%

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Is Kuroda right to be confident?

I haven't taken a look at the UTokyo inflation index for a while:

Its recently had some changes made:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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