MNI China Daily Summary: Friday, February 3

MNI BRIEF: Professional Forecasters Up Inflation Outlook: ECB

MNI BRIEF: China To Fully Reopen Borders With HK and Macau

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(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

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MNI BRIEF:BOJ's Kuroda: Negative Views On Wages, Prices Change

(MNI) Tokyo
(MNI) TOKYO
Policy NewsCentral Bank NewsAPACBank of Japan (BOJ) Market NewsJapanBank of JapanBriefStoryRegion

Bank of Japan Governor Haruhiko Kuroda said on Thursday that people’s negative view on wages and prices had changed a little and the environment for achieving the Bank's 2% price target was being created.

Kuroda told lawmakers that the timing of achieving the 2% price target may be getting nearer, but that would depend on the degree of wage hikes next year.

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Bank of Japan Governor Haruhiko Kuroda said on Thursday that people’s negative view on wages and prices had changed a little and the environment for achieving the Bank's 2% price target was being created.

Kuroda told lawmakers that the timing of achieving the 2% price target may be getting nearer, but that would depend on the degree of wage hikes next year.

Keep reading...Show less