While the central bank is yet to achieve its 2 percent price objective, the economy has improved significantly since 2013 and what’s important is job growth, the Bank of Japan (BOJ) governor Haruhiko Kuroda said on Wednesday, according to Reuters.
Key quotes
inflation expectations have improved recently, but still not sufficient.
Expect consumer inflation to gradually accelerate toward the 2 percent objective.
A huge expansion of monetary base in itself won’t stimulate the economy.
Share
