ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

BOJ's Kuroda vows to 'persistently' continue aggressive monetary easing

Still a long way to achieve 2% inflation target, he says

NEW YORK (Reuters) -- Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank should "persistently" continue with its current aggressive monetary easing, despite an expected temporary rise in inflation driven by surging commodity costs.

Japan's inflation is expected to rise in the short run, but such a rise consists primarily of cost-push inflation and therefore lacks sustainability, Kuroda said.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more