Japan PM Abe: BOJ must keep belief in passing 2% goal

Author: Greg Michalowski | Category: Central Banks

Nikkei reports.

Nikkei is reporting that the BOJ must keep the belief in passing 2% goal.

He adds:
  • BOK Kuroda has had very good results for the real economy of Japan
  • Has full confidence in Kuroda. He is creating a non deflationary environment in Japan
  • Sales tax hike to 10% is needed for the social welfare system for the next generation
  • Hike needed to secure confidence form markets, international community.