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BOJ Kuroda: inflation to peak up in H2

FXBAZOOKA.com - Delivering a speech in the Japanese House of Representatives Budget Committee on Friday, the BOJ Head Haruhiko Kuroda said that the regulator will make efforts to achieve the 2% CPI target as soon as possible. According to his estimates, the inflation is expected to pick up in the second half of this year. 

Kuroda believes weak yen will not harm the economy, as long as it is in line with fundamentals.

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