Bank of Japan board member Koji Ishida said Monday that that Japan can achieve the 2 percent inflation target, if the bank proceeds with powerful monetary easing along with measures to boost the economy’s growth potential.
The economy is likely to return to recovery path as overseas economies improve, Ishida said in a speech in Tokyo.
However, persistent improvement in economic sentiment is vital in order to sustain the growth momentum of the economy, he said.
by RTT Staff Writer
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