• Bank of Japan Governor Haruhiko Kuroda: the annual inflation rate is expected to remain at around 1.25% "for some time"

Market news

20 October 2014

Bank of Japan Governor Haruhiko Kuroda: the annual inflation rate is expected to remain at around 1.25% "for some time"

The Bank of Japan (BoJ) Governor Haruhiko Kuroda said at a meeting of the BoJ's regional branch managers on Monday that Japan's economy "will continue to recover moderately as a trend". Kuroda added that the annual inflation rate is expected to remain at around 1.25% "for some time".

He reiterated that the BoJ will continue with its quantitative and qualitative easing to achieve the 2% inflation target.

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