Japan PM Kishida: It's possible to achieve 2% inflation target – by anilpanchal7 Japan BOJ RiskAppetite Inflation NewsTrading
What's most important now is to support economy, create condition that allows firms to hike wages.Japan's inflation likely to gradually acccelerate driven by narrowing output gap, higher wages but that will take some more time.
It’s worth noting that Japanese Prime Minister Fumio Kishida also crossed wires, via Reuters, while saying, “hope BoJ continues to work closely with government, guide appropriate monetary policy with eye on economy, price, market developments.” The policymaker also added that the accomplishment of BoJ’s decade of monetary easing was to create situation where economy is no longer in state of deflation.USD/JPY pares intraday gains around 130.00 but stays 0.
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