• Bank of Japan Governor Haruhiko Kuroda: inflation starts move toward the central bank’s 2% target when the effect of low oil prices will dissipate

Market news

30 October 2015

Bank of Japan Governor Haruhiko Kuroda: inflation starts move toward the central bank’s 2% target when the effect of low oil prices will dissipate

Bank of Japan (BoJ) Governor Haruhiko Kuroda said at a press conference on Friday that inflation starts move toward the central bank's 2% target when the effect of low oil prices will dissipate.

He pointed that the BoJ will adjust its quantitative easing if needed.

"We will make necessary adjustments to our program to achieve the 2% inflation target as soon as possible," Kuroda said.

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