The Traderszone Network

Published in TZ Latest News 21 June, 2015 by The TZ Newswire Staff

BOJ has ample means to hit two percent price goal: Kuroda

Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank has ample means to achieve its goal of accelerating inflation to 2 percent and keeping it there in a stable manner. Speaking in parliament, Kuroda said raising the 0.1 percent interest the BOJ pays on excess reserves parked with the central bank could be one option if the BOJ were to exit its massive stimulus program.