Home BoJ’s Harada: CPI may reach 2% if jobless rate falls below 2%

BoJ’s Harada: CPI may reach 2% if jobless rate falls below 2%

Published date: 4 Jul. 2018 | 07:56

More comments crossing the wires from the Bank of Japan (BoJ) board member Harada, via Reuters, as he now speaks on the economic outlook.

Unsurprising if prices rise as jobless rate falls.

CPI may reach 2% if jobless rate falls below 2%.

What’s important is continued price rise momentum.

Momentum hasn’t been lost, output gap is tightening.

Fully possible to weaken degree of monetary easing before CPI exceeds 2%.

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