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BOJ to persist with monetary easing to boost inflation - Kuroda

Reuters  |  ZURICH 

By John RevillZURICH (Reuters) - The Bank of Japan will continue to persist with "powerful monetary easing" to nurture positive inflation developments, BoJ Governor Haruhiko Kuroda said in Zurich on Monday."Going forward, with the output gap improving steadily, firms' stance is likely to gradually shift towards raising wages and prices," Kuroda said in a lecture at the University of Zurich. "If further price rises come to be widespread, inflation expectations are likely to rise steadily.""The Bank will continue to persist with powerful monetary easing to ensure that such positive developments ...

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First Published: Mon, November 13 2017. 23:59 IST