Commenting on the Bank of Japan (BOJ) inflation outlook, Governor Haruhiko Kuroda has said that “excluding specific factors, the CPI has been in slightly positive territory recently“.
Additional comments:
There is no risk of the economy falling back into deflation.
They’re watching closely the effects of the coronavirus in prices.
The impact of the coronavirus may be lessened if vaccination is implemented smoothly.
Monetary easing will continue to reach the 2% inflation target.
Maintaining the 2% inflation target for major economies helps stabilize currencies.
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