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Kuroda: It is very important to create a sustainable fiscal structure

President of the Bank of Japan, Haruhiko Kuroda, issued a statement which speaks of the monetary policy of the bank to the Budget Committee in the country. Here is the summary of the speech:

– The plan is to achieve an inflation rate of 2% is quite possible, as BoJ has many options.

-If Confidence in public finances is lost, however, there will be a risk of an impact on bond prices.

– Real interest rates are negative, which can stimulate investment and consumer spending.

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