New installations, governor of the bank of Japan said on Thursday that he plans to do anything he can to end deflation and break the economic downturn.
Prime minister Shinzo Abe (Shinzo Abe) after the meeting, Mr Kuroda told reporters, he reiterated his commitment to "do everything we can to get the economy out of deflation."
Mr Kuroda, the Asian development bank recently, led by the ministry of finance veteran, strongly supported Abe's economic strategies, including target of 2% inflation target, he says, he hopes that within two years, to meet.
Although Mr Abe wants rapid economic reflation, finance minister Taro Aso (Taro Aso) skeptical questioning in parliament on Thursday.
"To be honest, I doubt whether (prices rose by 2%), within two years, so easy," kyodo news agency quoted Mr. Aso's words.
Mr Kuroda in office on Wednesday, to succeed, Masaaki Shirakawa, Masaaki Shirakawa) showed reluctant to add to Japan's huge public debt, through more aggressive easing of monetary policy. He dropped out of the three weeks before the end of his five-year term.
Shinzo Abe, and some experts see years of falling prices, tend not to encourage business investment, in the past 20 years of economic stagnation in Japan an important reason. However, after many years of close to zero interest rates, monetary policy can help much in doubt.
Thursday night at a press conference, Mr Kuroda is to achieve the inflation target is optimistic, but underestimating the loose monetary policy could lead to asset price bubbles or other destabilizing trends, such as public financial strain of government bond yields rising anxiety.
So far, there has been no sign of rising prices, but other indicators suggest that Japan may out of recession.
"This is just the beginning" Abenomics. All these expectations rather than as a result, "Hugh Patrick, professor at Columbia University, for the Japanese economy and commercial center, said at a conference on Thursday.
"Now, monetary policy must be successful. If at the end of deflation, there will be a challenge," he said.
In recent months, the yen depreciated about 20% against the dollar, help the export production enterprises. Stock prices also rose.
But resource-poor Japan of liquefied natural gas and crude oil procurement costs have soared. Japan's trade deficit of 77.75 billion yen ($81 billion) in February after a row in the eighth time in monthly deficit record monthly trade deficit in January 1.63 trillion yen.



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