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Abe admits the BOJ's 2% inflation target is tough to achieve
Published Mon, Aug 24, 2015 · 09:50 PM
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Tokyo
AS global financial markets deepened a sell off on Monday, Japan's prime minister acknowledged that the central bank's 2 per cent inflation target was getting more difficult to achieve.
Shinzo Abe expressed confidence in Bank of Japan (BOJ) governor Haruhiko Kuroda amid a plunge in oil prices that threatens to push the BOJ's key price measure below zero.
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