April 17, 2017 / 6:37 AM / in 7 months

BOJ Kuroda: Need to continue with easy policy for price target

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank needs to continue with its easy monetary policy because consumer prices are still distant from its 2 percent inflation target.

Bank of Japan (BOJ) Governor Haruhiko Kuroda speaks during a Reuters Newsmaker event in Tokyo, Japan March 24, 2017. REUTERS/Toru Hanai

Kuroda said the BOJ needs to closely monitor consumer prices because they are lacking some upward momentum.

Reporting by Stanley White; Editing by Chang-Ran Kim

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