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Abe admits the BOJ's 2% inflation target is tough to achieve

Tuesday, August 25, 2015 - 05:50

Mr Abe's comments in parliament suggested that the government was sympathetic with Mr Kuroda's plight, at least for the time being.


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

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