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BOJ Gov. Haruhiko Kuroda speaks during an interview with The Nikkei in Tokyo on Dec. 27, 2016.

BOJ Gov. Kuroda has promising '1st dream' of new year

Central bank confident it will make progress against deflation

MASAYUKI YUDA, Nikkei staff writer | Japan

TOKYO -- Bank of Japan Gov. Haruhiko Kuroda must have been encouraged by his "first dream" of this year.

In an address to the Japanese Bankers Association's new year gathering on Wednesday, Kuroda stressed that the central bank will move forward in 2017 with greater confidence toward ending the country's lingering deflation.

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