BOJ chief hints at shifting inflation-target date again, adjusting policy

Tokyo

BANK of Japan (BOJ) governor Haruhiko Kuroda admitted on Friday that the timing for the BOJ to achieve its targeted 2 per cent annual inflation in consumer prices might have to "change", depending on future moves in oil prices, and that the central bank might need to "consider adjusting policy".

He was speaking after a meeting of the BOJ's nine-member Policy Board, where it was decided to leave the current policy - which centres on massive monetary stimulus via central bank purchases of financial assets - intact for now.