BOJ governor Kuroda pledges to stick with quantitative easing

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.