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

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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