Bank of Japan Governor Haruhiko Kuroda said the fundamentals of Japan’s economy are sound and the environment surrounding firms and households improved significantly since a year ago.
The bank will achieve its price stability target of 2 percent through continuation of the current policy, he said at a meeting held by a research institute in Tokyo.
The bank will continue to assess economic activity and prices, recognizing downside risks to them, said Kuroda.
He reiterated that the bank would make adjustments without hesitation to its policy if necessary to achieve the inflation target at the earliest possible time.
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