The Business Times
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BOJ chief banks on Japan's turnaround

He believes the central bank's monetary policy can make it happen, although sustained price rises haven't quite happened yet, and the soft oil prices haven't helped.

Published Thu, May 7, 2015 · 09:50 PM

Baku, Azerbaijan

DOUBT, it would seem, is not something which enters the mind of Bank of Japan (BOJ) governor Haruhiko Kuroda when he defends his two-year stewardship of the Japanese central bank.

Even in the face of growing market scepticism over the effectiveness of the BOJ's deflation-fighting policies on his watch, the ever-affable, yet sternly resolute man maintained in an interview with The Business Times that the bank will achieve its elusive 2 per cent annual inflation target or "price goal".

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