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MNI BRIEF: BOJ's Kuroda Says 2% Target Can Achieved

(MNI) Tokyo
(MNI) Tokyo

Bank of Japan Governor Haruhiko Kuroda said on Thursday that 2% inflation target can be achieved in a stable and sustainable manner accompanied with wage hikes, although it will take time.

Kuroda told lawmakers it is the most important that the BOJ firmly support the economy with easy policy in order to create an environment for businesses to raise wages next spring.

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Bank of Japan Governor Haruhiko Kuroda said on Thursday that 2% inflation target can be achieved in a stable and sustainable manner accompanied with wage hikes, although it will take time.

Kuroda told lawmakers it is the most important that the BOJ firmly support the economy with easy policy in order to create an environment for businesses to raise wages next spring.

Keep reading...Show less