BOJ's Kuroda: Economy finally no longer in deflation

Author: Adam Button | Category: Central Banks

Kuroda speaks at an IMF event in Washington

  • Kuroda says the economy is finally no longer in deflation owing to powerful monetary easing
  • Uncertainties regarding global economy have been rising
  • Will persistently continue with powerful monetary easing to maintain momentum towards achieving 2% goal
  • BOJ paying close attention to effects on Japan's economy
The BOJ meets next week and the yen is near the best level of NY trade.

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