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BOJ to persist with monetary easing to boost inflation: Kuroda

Reuters  |  ZURICH 

ZURICH (Reuters) - The of will continue to persist with "powerful monetary easing" to nurture positive developments, Governor Haruhiko said in Zurich on Monday.

"Going forward, with the output gap improving steadily, firms' stance is likely to gradually shift toward raising wages and prices," said in a lecture at the University of Zurich. "If further price rises come to be widespread, expectations are likely to rise steadily."

"The will continue to persist with powerful monetary easing to ensure that such positive developments are not cut short," he added.

(Reporting by John Revill; Writing by Balazs Koranyi)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 13 2017. 23:42 IST
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