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6 months ago
Kuroda says BOJ will pursue 'powerful' easing to hit price goal
February 3, 2017 / 5:11 AM / 6 months ago

Kuroda says BOJ will pursue 'powerful' easing to hit price goal

Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan January 31, 2017.Toru Hanai

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday that the central bank would pursue "powerful" monetary easing to accelerate inflation to its 2 percent target, describing the current situation as being half way to hitting that goal.

Kuroda told parliament that the central bank's monetary easing was not aimed at financing government debt.

Reporting by Tetsushi Kajimoto; Editing by Chris Gallagher

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