BOJ's Kuroda - Will continue expanding monetary base until inflation stably exceeds 2%
|Comments from Bank of Japan (BOJ) governor Kuroda crossing the wires-
- Japan's economy expanding moderately
- Bank of Japan will maintain QQE with yield curve control for as long as needed to achieve 2% inflation in stable manner
- BOJ will adjust mon pol as needed to maintain the economy's momentum to achieve its price target
- Will continue expanding monetary base until consumer inflation stably exceeds 2%
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