Shirakawa discusses BoJ monetary policy


Masaaki Shirakawa, governor of the Bank of Japan, delivered a speech on June 4 explaining the central bank's recent monetary policy decisions and examining the overall economic outlook.

Speaking at the Research Institute of Japan in Tokyo, Shirakawa said the central bank feels the Japanese economy is "shifting toward a pick-up phase". Based on this assessment, he said the central bank was "hoping" that the inflation rate would return to the temporary target of 1% "at the earliest possible time"

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