Nov 30, 2015
BOJ governor Kuroda confident Japan is on track to overcome deflation
Bank of Japan governor Haruhiko Kuroda while speaking to business leaders today mentioned that an increase in fixed investment and wages will benefit Japan's economy as well as the companies. In his effort to put the economy back on the recovery path, Kuroda urged companies to step up investment, "given that Japan's economy is on the road to overcoming deflation and entering a new phase in which the economy will grow in a sustainable manner under price stability with 2% inflation."
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