Central Banks
Kuroda Says BOJ to Stay on Rate Hike Path as Deflation Has Ended
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Japan has “completely” ended deflation and it’s absolutely natural for the central bank to proceed with rate hikes to normalize policy, according to former BOJ Governor Haruhiko Kuroda, whose term was defined by ultra easy monetary settings.
“Japan’s economy is completely back,” Kuroda said Thursday at a conference in Tokyo. “It’s perfectly natural for the BOJ to conduct policy normalization.”