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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: BOJ's Kuroda Says No Need to Change 2% Price Target
Bank of Japan Governor Haruhiko Kuroda on Friday repeated his previous remarks that he sees no need to change the central bank's 2% price target, even though it would take time to be achieved.
Kuroda told lawmakers that the BOJ's stance of achieving the 2% price target, which is a global standard, is contributing to the stabilization of foreign exchange rates in the medium- to long-term.
The BOJ board will review the medium-term outlook for economic growth and the inflation rate for the period through to fiscal 2023 at the April 26-27 meeting. The board's median inflation forecast in fiscal 2023 after Governor Haruhiko Kuroda's second five-year term ends in April 2023 is expected to be around 1%.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.