Haruhiko Kuroda has faced many challenges in his campaign to end Japan's deflation: traumatized households, cautious bankers, stingy CEOs and tepid global growth. But on Thursday, the Bank of Japan governor added a new item to the list: denial.
After announcing that the BOJ was leaving rates unchanged, Kuroda held a press conference that was a study in cognitive dissonance. Although his 2 percent inflation target looks less and less achievable, he continues to exude economic confidence. Here are five Bloomberg headlines suggesting Kuroda is beginning to part ways with Japan's economic reality.