The Bank of Japan's monetary easing was "appropriate" and effective in jolting Japan out of deflation, and its retention under new leadership is of utmost importance as inflation expectations are heightening, outgoing Governor Haruhiko Kuroda said Friday.In his last press conference as governor, Kuroda again expressed his regret over the BOJ's failure to attain its 2 percent inflation target stably before his term ends on Saturday. But he added that goal is still nearer than when he took office in 2013.Kuroda will hand the reins to academic Kazuo Ueda, a monetary policy expert who has taken…READ FULL ARTICLE
