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Abstract:TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday an expected, near-term rise in inflation would lack sustainability as it will be driven mostly by energy costs, stressing the need to keep monetary policy ultra-loose.
div classBodysc17zpet90 cdBBJodivpTOKYO Reuters – Bank of Japan Governor Haruhiko Kuroda said on Friday an expected, nearterm rise in inflation would lack sustainability as it will be driven mostly by energy costs, stressing the need to keep monetary policy ultraloose. p
p“For inflation to heighten as a trend, Japan must see a shift from inflation caused by energy prices, to one that is driven by increasing corporate profits and wage growth,” Kuroda said in a speech. pdivdivdiv classBodysc17zpet90 cdBBJodiv
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pp Reporting by Leika Kihara Editing by Tom Hoguep
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