BoJ chief says at 'critical moment' for exiting deflation

TOKYO: Bank of Japan Governor Haruhiko Kuroda said Friday Japan was at a "critical moment" in its bid to conquer years of falling prices, after policymakers ramped up its vast monetary easing programme.

"We can say the Japanese economy is now at a critical moment in its process of getting out of deflation," he told reporters in Tokyo. "The (easing) measures this time show the Bank of Japan's unwavering determination to exit deflation."