Japan’s Inflation Dream Slips Further Into Future - News Summed Up

Japan’s Inflation Dream Slips Further Into Future


TOKYO—Japan’s timetable for achieving stable inflation has again been extended by a year. The Bank of Japan on Thursday pushed back the date when it expects 2% inflation—the sixth time it has been postponed under Governor Haruhiko Kuroda. The central bank now sees the target being reached by March 2020, five years after Mr. Kuroda’s initial timing. The BOJ also kept its main interest rates on hold and looks set to dig in for...


Source: Wall Street Journal July 20, 2017 03:25 UTC



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