Abe says 2% inflation target may not be hit


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Financial Times
Breaking news
Tuesday April 02 2013

Breaking News
 
Abe says 2% inflation target may not be hit
Japanese Prime Minister Shinzo Abe has said that the two per cent inflation target he imposed on the Bank of Japan may not be reached within two years.

"The economy is a living thing and we don't know what will happen around the world. What is important is to aim steadily for the target," Mr Abe told parliament on the eve of Haruhiko Kuroda's first board meeting as Bank of Japan governor.
http://link.ft.com/r/2SRI11/IEP5KS/S3MIHV/U1JIVE/4VS4S1/PJ/h?a1=2013&a2=4&a3=2
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