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- The Bank of Japan Governor Haruhiko Kuroda: the economy is on track to meet the 2% inflation target of the central bank
The Bank of Japan Governor Haruhiko Kuroda: the economy is on track to meet the 2% inflation target of the central bank
The Bank of
Japan Governor Haruhiko Kuroda said at the Annual Tokyo Conference today:
- The economy
is on track to meet the 2% inflation target of the central bank;
- The Bank of
Japan will continue its Quantitative and Qualitative Easing to achieve its 2% inflation
target within 2 years;
- The current
economic recovery could be the key to resolve Japan’s longer-term issue of
supply shortages;
- The
increase of inflation expectations seem to have started to influence actual
wage and price settings;
- Labour
supply could be an issue in the near future in various forms due to the
demographic trends.
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