BOJ's Kuroda says inflation expectations picking up slightly

Last Updated: Tue, Nov 14, 2017 16:22 hrs
Bank of Japan Governor Haruhiko Kuroda listens to questions from the audience after his speech at the University of Zurich in Zurich

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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