Kuroda Cautions That Japan Can't Keep Current Growth Rate

  • Vows to continue very accommodative policy for some time
  • He sees yield-curve control allowing BOJ to buy fewer JGBs

BOJ's Kuroda Says 4% Growth Won't Be Sustained

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Bank of Japan Governor Haruhiko Kuroda pledged to forge on with very accommodative monetary policy as he warned that his inflation target remains distant and the current pace of growth in the world’s third-largest economy looks unsustainable.