Bank of Japan Governor Haruhiko Kuroda believes that Japan can reach a 2% inflation target at around fiscal 2015 to March 2016

Market news

18 September 2014

Bank of Japan Governor Haruhiko Kuroda believes that Japan can reach a 2% inflation target at around fiscal 2015 to March 2016

The Bank of Japan (BoJ) Governor Haruhiko Kuroda on Thursday reiterated the central bank will adjust its monetary policy if needed to reach the 2% inflation target. He believes that Japan can reach a 2% inflation target at around fiscal 2015 to March 2016.

Mr. Kuroda also said that he is optimistic on a recovery of Japan's exports.

The BoJ governor repeated the country's economy is expected to recover moderately and private consumption has remained resilient as a trend.

European stock markets mid session: stocks traded higher as the Fed will keep its interest rate unchanged for "a considerable time”

United Kingdom: CBI industrial order books balance, September -4 (forecast 9)

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