Former Bank of Japan Governor Haruhiko Kuroda said the 2% inflation target has been achieved

On May 2, former Governor of the Bank of Japan Haruhiko Kuroda said that the Bank of Japan had achieved its 2% inflation target and Japan did not need fiscal expansion or monetary easing. Haruhiko Kuroda said that given the coexistence of inflation and economic slowdown risks, the Bank of Japan's decision not to raise interest rates for the time being on April 28 was the right decision. (East News Agency)