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Kuroda says BOJ will pursue 'powerful' easing to hit price goal
February 3, 2017 / 5:11 AM / in 10 months

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

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.

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

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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