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Bank of Japan Gov. Haruhiko Kuroda pledged Monday to continue pursuing monetary stimulus in close coordination with Prime Minister Shinzo Abe’s government to achieve 2 percent inflation.

“The Japanese economy is getting stronger under the powerful monetary policy of the Bank of Japan, and we see a steady move toward 2 percent inflation. Going forward I will work toward meeting this goal with all my strength,” Kuroda said at a news conference as he began his next five-year term as governor of the central bank.

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