BOJ governor Kuroda pledges to stick with quantitative easing
Central bank raises its assessment of four of the country's regional economies due to strong exports, consumer spending
Tokyo
THE BANK of Japan (BOJ) raised its assessment of four of the country's regional economies due to strong exports, consumer spending and construction, an encouraging sign that the broader economy can continue to grow at a healthy pace.
BOJ governor Haruhiko Kuroda on Tuesday reiterated the central bank's resolve to maintain its massive stimulus programme until inflation moved sustainably above its 2 per cent price target.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month