BOJ’s Kuroda: CPI growth beyond next FY likely to fall below 2% target

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“Consumer Price Index (CPI) growth beyond the next Financial Year (FY) is likely to fall below 2% target,” said Bank of Japan (BOJ) Governor Haruhiko Kuroda early Monday.

USD/JPY maintains the 30 basis points (bps) trading range around 149.00 following a volatile start to the week which initially refreshed a fortnight low before recalling the buyers.

Also read: USD/JPY steadies around 149.00 after rollercoaster moves on alleged Japan intervention

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