Japan News

Target Is 'Flexible,' Says Japan Bank Chief

Updated April 11, 2013 11:34 p.m. ET

TOKYO—The Bank of Japan's new governor, who launched one of the world's most aggressive monetary-easing campaigns last week, shaded his views Thursday, noting that the central bank's ambitious inflation target is "flexible" and stressing he remains vigilant for signs that the BOJ's massive infusions of money into the economy is causing bubbles in stock or other asset markets.

The BOJ's inflation target, like that of many other central banks, "does not mean that they will stick to that target...

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