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MNI BRIEF: BOJ Kuroda Says No Board Discussion Of Rate Hike

(MNI) Tokyo
TOKYO (MNI)

Bank of Japan Governor Haruhiko Kuroda on Tuesday said that the board did not discuss a rate hike or a change of easy policy at its January meeting.

“We don't think about rate hike or a change of easy policy absolutely, and we didn’t discuss them,” Kuroda told reporters. Kuroda said that the BOJ predicts the core inflation to rise to around 1% but it will be at toward the end of the projection period. He also that it is very unlikely that Japan’s core inflation rate will rise to 2%, see: MNI INSIGHT: New BOJ Policy Options Need A Look (RPT).

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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