Bank of Japan Governor Haruhiko Kuroda emphasized the central bank can boost its quantitative easing, if needed.
Poised to hold its monetary policy meeting Thursday and Friday, Kuroda said the BOJ has enough room to expand or strengthen its QE as policymakers are not faced with any limitation on easing efforts.
The central bank’s current projections showed inflation could hit their 2% goal around the second half of 2016 or by late 2016. The goal could move forward should oil price increase.
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