Kuroda Says Impact of Next Sales Tax Rise to Be Less Than 2014's

  • BOJ Governor plays down potential pain to consumers from hike
  • In speech Kuroda emphasizes positive aspects of negative rates

Bank of Japan Governor Haruhiko Kuroda said Monday that the impact of a sales tax increase scheduled for April 2017 would be much less than the hike in 2014 -- which sent Japan into a recession.

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