May 29, 2019
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Wednesday that central banks should continue examining how best to manage inflation expectations within a “flexible” inflation-targeting framework.
“Japan’s experience shows that it is difficult to re-anchor long-term inflation expectations,” Kuroda said.
“That suggests the importance of maintaining well-anchored inflation expectations,” he told a speech at an academic conference hosted by the BOJ.
(Reporting by Leika Kihara; Editing by Chang-Ran Kim)