Haruhiko Kuroda, Governor of the Bank of Japan (BOJ), said that the central bank can achieve a 2% inflation target if it patiently continues its powerful monetary easing. The statements were made at the press conference after the monetary policy meeting that took place this Tuesday.
Featured Comments:
We will ease monetary policy further without hesitation as needed.
Consumption will stagnate at low levels during a crash curve state.
The cheapest rates for mobile phones weigh on consumer prices between 0.5% and 1.0%.
We must support the financing of face-to-face service industries.
We may consider extending corporate financial support if funding severity persists.
The coins are stable in a narrow range among major economies due to the 2% inflation target.
The 2% inflation target will be reached in 2024 or later.
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