BOJ Will Continue Accommodative Policy for Some Time, Kuroda Says

The video discusses Japan's economic growth, which has been around 1% to 1.5% in recent years, with expectations to continue at this rate. Domestic demand is strong, driven by robust business investment, while personal consumption is weak but supported by growing employment income. Exports are recovering, particularly in IT-related goods within East Asia. The labor market is tight with low unemployment, but inflation remains below the 2% target, prompting continued accommodative monetary policy.

What is the core inflation rate in Japan, and how does it relate to the inflation target?

What monetary policy approach is Japan expected to continue in order to achieve its inflation target?