November 14, 2017 / 10:43 AM / a year ago

Bank of Japan's Kuroda says inflation expectations picking up slightly

Bank of Japan Governor Haruhiko Kuroda poses for a picture before his speech at the University of Zurich in Zurich, Switzerland November 13, 2017. REUTERS/Arnd Wiegmann

FRANKFURT (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Tuesday that inflation expectations in Japan are picking up slightly.

Kuroda, speaking at a European Central Bank conference, said inflation expectations in Japan are still backward looking and were influenced by a drop in oil prices.

Kuroda also said the BOJ will continue with its strong accommodative policy.

Reporting by Balazs Koranyi; Writing by Stanley White; Editing by Richard Borsuk

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