TOKYO: The Japan government's choice to lead the country's central bank has promised to move quickly to implement fresh monetary stimulus to lift the struggling economy, a case underlined by a surprisingly sharp drop in a gauge of capital investment.
Declaring that “speed is important”, Haruhiko Kuroda said he would do what ever it takes to hit the Bank of Japan's inflation target of 2% even though the economy has rarely seen that level of inflation since the early 1990s.
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