Kuroda Says BOJ Has Made All Possible Monetary Moves for Now

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Haruhiko Kuroda said the unprecedented stimulus announced by the Bank of Japan at his first meeting as governor last week is enough to achieve a 2 percent inflation goal.

The central bank has taken all “necessary” and “possible” measures, Kuroda told reporters in Tokyo yesterday. While officials will change policy as needed, he doesn’t expect adjustments each month, he said. The BOJ chief reiterated a pledge to do what’s needed to meet the target in two years.