BOJ is still halfway to 2.0% inflation target says Kuroda

20 June 2016, 10:53
Sherif Hasan

Mr K on Bloomberg. Is he saying his cup is half full or half empty?

  • 2 year time frame is needed to show strong commitment
  • Japan has come to a place where there it is not deflationary
  • There is no plan to change the BOJ's strong commitment for prices
  • BOJ will add stimulus if the inflation target is at risk
  • BOJ is not trying to surprise with policy

Still going

  • Japan's wages will rise as prices increase
  • Doesn't think income gap is widening considerably now
Share it with friends: