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Bank of Japan Governor Haruhiko Kuroda said.....>

BOJ
BOJ: Bank of Japan Governor Haruhiko Kuroda said Thursday that BOJ policymakers
do not have any rigid time limit in mind in their efforts to guide low inflation
to a stable 2% "at the earliest possible time" by persistently continuing
large-scale monetary easing.
- He also told a seminar that the current positive growth cycle -- in which
higher corporate profits will create more jobs, push up wages and led to higher
inflation -- must be maintained to turn around the deflationary mindset among
firms and households that is "more deeply entrenched than expected."
- "The bank has been conducting monetary policy while examining whether the
momentum toward 2% inflation is being maintained, taking into account
developments in economic activity and prices as well as financial conditions,"
Kuroda said. (MNI - For Full Story See MAin Wire At 05:13 BST 05/10)
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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