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Bank of Japan

BOJ's Kuroda calls aggressive easing a 'success,' urges continuation

Board decides to keep ultra-loose policy after Ueda approved as next gov.

Bank of Japan Gov. Haruhiko Kuroda speaks during a press conference on March 10 in Tokyo. (Pool photo)

TOKYO -- Outgoing Bank of Japan Gov. Haruhiko Kuroda defended his bold monetary easing on Friday, after his final policy meeting, while arguing that the economy is nearing the bank's elusive goal of sustained 2% inflation.

The BOJ's policy board the same day left its ultra-loose stance unchanged, with Kuroda's 10-year period as governor set to end on April 8.

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