Don’t miss the latest developments in business and finance.

BOJ's Kuroda says inflation expectations picking up slightly

Image
Reuters FRANKFURT
Last Updated : Nov 14 2017 | 4:28 PM IST

FRANKFURT (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Tuesday that inflation expectations in Japan are picking up slightly.

Kuroda, speaking at a European Central Bank conference, said inflation expectations in Japan are still backward looking and were influenced by a drop in oil prices.

Kuroda also said the BOJ will continue with its strong accommodative policy.

(Reporting by Balazs Koranyi; Writing by Stanley White; Editing by Richard Borsuk)

Also Read

First Published: Nov 14 2017 | 4:16 PM IST

Next Story