- Bank of Japan Governor Haruhiko Kuroda: Japan’s economy will likely avoid a recession
Market news
10 September 2015
Bank of Japan Governor Haruhiko Kuroda: Japan’s economy will likely avoid a recession
The Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Thursday that Japan's economy will likely avoid a recession.
He also said that it is possible that the central bank's 2% inflation will not be achieved next year if oil prices decline further.
Kuroda pointed out that the BoJ would not lower a 0.1% interest rate floor.
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