April 10, 2019 / 3:51 AM / 14 days ago

Bank of Japan's Kuroda vows to continue 'powerful' easing

FILE PHOTO - Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan December 20, 2018. Mandatory credit Kyodo/via REUTERS

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda vowed on Wednesday to continue the central bank’s “powerful” monetary easing to achieve its 2 percent inflation target, while urging the government to win market confidence in its fiscal management.

Kuroda also told parliament that he saw no problems with long-term government bond yields moving at slightly negative rates due to risk aversion among investors globally.

Reporting by Tetsushi Kajimoto; Editing by Chris Gallagher

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