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17 Nov 2022
BoJ’s Kuroda: CPI growth will fall below 2% next fiscal year as cost- push factors taper off
Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Thursday, CPI growth will fall below 2% next fiscal year as cost-push factors taper off.
Additional comments
Recent price hikes due to cost-push factors.
Possible to achieve sustainable, stable inflation goal even thought it may take time.
Important to continue monetary easing to support economy.