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Bank of Japan Gov. Haruhiko Kuroda speaks at a Diet committee meeting on March 22.

Kuroda eager to revive public hopes for 2% inflation target

Central bank chief takes a more long-term view amid slipping confidence

KOSUKE TAKAMI, Nikkei staff writer | Japan

TOKYO -- As companies and households lose hope that Japan ever will fully escape the grasp of deflation, Bank of Japan Gov. Haruhiko Kuroda sees public confidence as the key to his elusive 2% inflation goal.

"Gaining the people's confidence is an important prerequisite to carrying out monetary policy," Kuroda said at a welcoming ceremony for new BOJ workers Monday, urging them to listen to what others are trying to say.

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