BoJ to pursue inflation target ‘flexibly’


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Financial Times
Breaking news
Thursday April 11 2013

Breaking News
 
BoJ to pursue inflation target 'flexibly'
The Bank of Japan will pursue its 2 per cent inflation target "flexibly" and would consider adjusting its aggressive easing policy if it led to unwanted side-effects such as asset bubbles, Haruhiko Kuroda, the central bank's governor, said on Thursday.

"We will continue to monitor carefully, and if there is any serious asset market bubble appearing or approaching, of course we will take necessary measures," Mr Kuroda said in an interview with the Financial Times and other international media, adding monetary policy should not be implemented "mechanically".

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