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BOJ keeps policy unchanged, slightly more upbeat on inflation outlook

Reuters  |  TOKYO 

By Leika Kihara and Stanley WhiteTOKYO (Reuters) - Japan's central bank kept monetary settings unchanged on Tuesday and offered a more upbeat view on inflation expectations than three months ago, signalling its conviction a strengthening recovery will gradually push price growth to its 2 percent target.But Bank of Japan Governor Haruhiko Kuroda will likely seek to dispel market speculation of an early withdrawal of stimulus by reminding investors at his post-meeting briefing that inflation remains distant from his target.As widely expected, the BOJ maintained a pledge to guide short-term ...

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First Published: Tue, January 23 2018. 10:52 IST