Japan's PM Abe accepts difficulty to hit inflation target deadline

FXStreet (Bali) - Japan PM Abe is crossing the wires, via Reuters, noting that it should be accepted the difficulty about hitting BOJ inflation target deadline due to the relentless oil price declines.

Main headlines

BOJ missing its promise to hit 2% inflation in 2 years cannot be helped given sharp fall in oil prices

We accept BOJ's explanation that hitting its price target within self-imposed deadline has become difficult given sharp oil price falls

Completely trust BOJ Kuroda's decisions on monetary policy