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BoJ’s Kuroda: BoJ will maintain current easy monpol as inflation remains far from 2% target

Reuters is reporting headlines from the Bank of Japan (BOJ) Governor Haruhiko Kuroda, with key quotes found below:

  • Japan wages, inflation seen gradually accelerate over time given narrowing output gap, tightening job market.
  • No need for major central banks to move in same direction simultaneously; monetary policy reflects each country’s economy, price moves
  • Wage growth, inflation remain slow despite improvements in economy in many advanced nations
  • BoJ will maintain current easy monpol as inflation remains far from 2% target 

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