BOJ Kuroda less optimistic about early inflation target goal

FXStreet (Bali) - Bank of Japan Governor Haruhiko Kuroda said, quoted via Reuters, in a panel discussion at the Bank for International Settlements' annual general meeting on Sunday, that global economic uncertainty could jeopardize the Central Bank's attempts to meet its inflation target of 2 percent target by around September next year.

"While our projection is that inflation will be in the neighborhood of 2 percent most likely around the April-September period of 2016, the risks to that scenario cannot be ignored, particularly when the global economy is full of uncertainty, including over geopolitical factors," Kuroda said, Reuters reports.