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FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda attends a press conference at the Bank's headquarters in Tokyo, Japan on December 20, 2018. Mandatory Credit Kyodo / via REUTERS
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the central bank is seeking to create a situation in which any acceleration of inflation would accompany a rise in inflation. profits and wages of companies.
"The BoJ is not trying to raise inflation alone. We want to create a situation in which pay and employment conditions also improve … and a positive economic cycle is created, "Kuroda told the Parliament.
Finance Minister Taro Aso said at the same parliamentary committee meeting that the only increase in inflation would be "useless" because people's livelihoods would not improve without increased spending. in capital and wages.
Reportage of Leika Kihara; Edited by Chang-Ran Kim
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