BoJ Kuroda: Weak yen is generally positive for Japan’s economy

BoJ Governor Haruhiko Kuroda told the parliament, “there’s no change now to my view a weak yen is generally positive for Japan’s economy.” He also reiterated the view that “cost-push inflation that is not accompanied by wage hikes will hurt Japan’s economy.” And as such, “it won’t lead to sustained achievement of our price target. […]

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