Government, BoJ Agree on Inflation: Japan Times

Japan’s new government and central bank have confirmed their commitment to cooperate on achieving 2% inflation, a move set to temper market speculation of an early stimulus exit, The Japan Times reported.

Bank of Japan governor Haruhiko Kuroda reaffirmed the commitment in a meeting with senior government ministers Tuesday, the BoJ said after Kuroda met Finance minister Shunichi Suzuki and Economy minister Daishiro Yamagiwa.

The government and the central bank also agreed to keep in close contact and cooperation, in line with commitments made in a 2013 joint statement.

Read the full report: The Japan Times

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Tags: Bank of Japan

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.