
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan, December 21, 2017. REUTERS/Issei Kato
January 15, 2018
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank’s resolve to maintain its massive stimulus program until 2 percent inflation is achieved stably.
“Japan’s financial system remains stable and monetary conditions are very accommodative,” Kuroda said in a speech at a quarterly meeting of the bank’s regional branch managers.
“The BOJ will maintain its stance of expanding monetary base until inflation stably overshoots 2 percent,” he said.
(Reporting by Leika Kihara; Editing by Chris Gallagher)