February 8, 2018 / 7:07 AM / 10 months ago

BOJ Kuroda: Need to stick with QE for price stability

FILE PHOTO: Haruhiko Kuroda, Governor of the Bank of Japan, looks on as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 26, 2018. REUTERS/Denis Balibouse

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Thursday he intended to stick with the central bank’s strong quantitative easing programme to achieve price stability.

Kuroda, speaking in the lower house of parliament, also said it was too early to discuss when or how to exit from quantitative easing because consumer prices were still distant from the central bank’s 2 percent inflation target.

Reporting by Stanley WhiteEditing by Chang-Ran Kim

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