May 14, 2020 / 3:53 AM / 20 days ago

BOJ will stick to 2% price target despite pandemic headwinds - Kuroda

TOKYO, May 14 (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Thursday there was no change to the central bank’s stance of seeking to achieve its 2% inflation target, despite headwinds from the coronavirus pandemic that is hurting the economy and weighing on prices.

In a speech delivered at an online seminar, Kuroda also said the central bank must be vigilant more than before to the heightening stress the pandemic is putting on Japan’s banking system. (Reporting by Leika Kihara; editing by Chris Gallagher)

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