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JAPAN-ECONOMY/BOJ
RTR4M9O5
21 Jan. 2015
Bank of Japan (BOJ) Governor Haruhiko Kuroda drinks... more
JAPAN-ECONOMY/BOJ
RTR4M9O5
21 Jan. 2015
Tokyo, Japan
Bank of Japan (BOJ) Governor Haruhiko Kuroda drinks water during a news conference at the BOJ headquarters in Tokyo January 21, 2015. Two years into so-called Abenomics ? a mix of aggressive monetary and fiscal policy plus structural reform ? the Bank of Japan is struggling to reach an ambitious inflation target and convince Japanese that years of deflation are in the past. On Wednesday, the Bank of Japan (BOJ) sharply cut its inflation forecast and Kuroda conceded it may take longer than expected to hit 2 percent inflation, underlining the challenges of meeting the target as oil prices continue to slump. REUTERS/Toru Hanai (JAPAN - Tags: BUSINESS TPX IMAGES OF THE DAY)
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