BOJ Kuroda: Cost-push inflation without rising wages won’t see inflation target sustained

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BOJ Kuroda: Cost-push inflation without rising wages won't see inflation target sustained

Cannot sustain 2% inflation on cost-push inflation aloneBOJ seeks to achieve situation where inflation rises moderately in tandem with increase in corporate profits, wagesInappropriate to tighten policy, withdraw stimulus even if energy, commodity costs push up inflationInflation expectations, wage

Source: BOJ Kuroda: Cost-push inflation without rising wages won't see inflation target sustained

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