FOCUS: Missed inflation goal haunts departing Bank of Japan chief Kuroda

Outgoing Bank of Japan Governor Haruhiko Kuroda has learned the hard way that even a decade of unprecedented monetary easing is not enough to attain a 2 percent inflation target that he once thought would be achievable in two years.His departure as the longest-serving BOJ chief comes at a time when, in the eyes of Kuroda, Japan may be starting to see conditions gradually falling into place for the price hike goal to be achieved in its true sense, accompanied by wage growth.The outcome of closely watched "shunto" annual wage negotiations between labor unions and management is set to be the b…READ FULL ARTICLE