Economics
BOJ’s Kuroda Looks to Extinguish Speculation of Normalization
- Raised projections still leave price growth far from 2% target
- Kuroda says no debate at bank about possibly raising rates
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Bank of Japan Governor Haruhiko Kuroda looked to quash speculation that the phasing out of stimulus is anywhere near the horizon even as the country’s inflation gradually accelerates and the bank takes a slightly less cautious view on price risks.