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BOJ's Ito expects inflation to hit 2% in fiscal year 2019

BOJ's Ito expects inflation to hit 2% in fiscal year 2019

Central Banks
Mike Paterson
01/11/2017 | 07:30 GMT

BOJ's Ito and potential Kuroda successor on the wires again 1 Nov

  • BOJ may take a step toward policy normalization that year

Ah thanks for that. I'll make a note in my diary.

  • full normalization may take several more years

The perils of too-cheap money for too long.

USDJPY currently 113.90 tightly bound still. Offers/res lurking at 114.00.

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