BOJ's Kuroda repeats resolve to maintain massive stimulus

By Kitco News / January 14, 2018 / www.kitco.com / Article Link

TOKYO, Jan 15 (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank's resolve to maintain its massive stimulus programme until 2 percent inflation is achieved stably.

"Japan's financial system remains stable and monetary conditions are very accommodative," Kuroda said in a speech at a quarterly meeting of the bank's regional branch managers.

"The BOJ will maintain its stance of expanding monetary base until inflation stably overshoots 2 percent," he said.


(Reporting by Leika Kihara; Editing by Chris Gallagher)

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