BOJ's Kuroda: 2% inflation in sight

FXStreet (Bali) - Nikkei reports BOJ's Governor Kuroda, quoted in a forum of ecnomists in Tokyo, noting that 2% inflation is in sight, adding that the outlook on prices is generally bright.

Additional headlines

Said falling oil prices will be good for the economy in the long run

The rate of inflation will “approach the 2% target” in 2015

Falling oil prices, while a factor in driving prices down, are “generally beneficial to the Japanese economy and will help prop up growth”