Japan’s Abe: Kuroda has conducted right monetary policy

Japan’s PM Shinzo Abe was on the wires last minutes, via Reuters, backing BoJ Governor Kuroda’s monetary policy approach.

Key Points:

Kuroda has conducted right monetary policy although 2% inflation is not yet achieved.

Want Kuroda to keep working towards a 2 pct inflation target, agree with Kuroda’s analysis.

Expects BoJ to carry out monpol to achieve 2 pct price goal.