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    BOJ’s Kuroda: Still halfway to 2.0% inflation target Dhwani Mehta

    The Bank of Japan (BOJ) Governor Kuroda is out on the wires via Bloomberg, commenting on the central bank’s 2% price target.Key Quotes:We couldn't achieve 2% inflation in 2 years but the commitment was useful in showing BOJ’s determination to end deflationJapan has come to a place where there it is not deflationaryThere is no plan to change the BOJ's strong commitment for pricesStill halfway to 2.0% inflation target says KurodaInflation expectations observed in practice are 'highly sticky' and change only slowlyFirmly stabilising inflation expectations at desired level represents an unprecedently difficult challenge


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