BOJ Kuroda less optimistic about early inflation target goal

FXStreet (Bali) – Bank of Japan Governor Haruhiko Kuroda said, quoted via Reuters, in a panel discussion at the Bank for International Settlements’ annual general meeting on Sunday, that global economic uncertainty could jeopardize the Central Bank’s attempts to meet its inflation target of 2 percent target by around September next year.

“While our projection is that inflation will be in the neighborhood of 2 percent most likely around the April-September period of 2016, the risks to that scenario cannot be ignored, particularly when the global economy is full of uncertainty, including over geopolitical factors,” Kuroda said, Reuters reports.

Bank of Japan Governor Haruhiko Kuroda said, quoted via Reuters, in a panel discussion at the Bank for International Settlements’ annual general meeting on Sunday, that global economic uncertainty could jeopardize the Central Bank’s attempts to meet its inflation target of 2 percent target by around September next year.

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