BOJ chief likely to miss 2% inflation target during his term to 2023

The Bank of Japan projected Tuesday its 2 percent inflation target will not be attainable in 2023 when Governor Haruhiko Kuroda's current term ends, underscoring the daunting challenge he continues to face despite a decade of aggressive monetary easing.After keeping its ultraloose monetary policy unchanged at its regular two-day meeting, the BOJ said in its outlook report that the core consumer price index, excluding volatile fresh food items, is expected to rise 1.0 percent in fiscal 2023 from a year earlier."It's unfortunate that attaining the 2 percent target has been taking time," Kurod…READ FULL ARTICLE