Kishida’s New Government Confirms 2% Price Goal With BOJ
- BOJ chief Kuroda, economy ministers reaffirm 2013 joint accord
- Move seen aimed at limiting speculation of policy shakeup
Fumio Kishida
Photographer: Rodrigo Reyes-Marin/Zuma Press/Bloomberg
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Japan’s new government and the central bank confirmed their commitment to a key 2013 pledge to cooperate on achieving 2% inflation, a move that will likely temper market speculation of an early stimulus exit.
Bank of Japan Governor Haruhiko Kuroda reaffirmed the commitment in a meeting with government ministers Tuesday, the BOJ said in a release after Kuroda met with Finance Minister Shunichi Suzuki and Economy Minister Daishiro Yamagiwa.