BoJ's Kuroda: Japan inflation improving steadily

[PARIS] The trend for inflation in Japan is improving, helped by a strengthening of the country's labour market, but the Bank of Japan is only halfway to its target of 2 per cent inflation, its governor said on Tuesday.

Haruhiko Kuroda also said in remarks he had been due to give in Paris that he believed monetary policy in Japan and the euro zone would succeed "in the near future".

Mr Kuroda cancelled his participation in the conference organised by the Bank of France but his speech notes were distributed to media.

REUTERS