Japan PM tells BOJ's Kuroda to deploy policies to hit inflation goal

TOKYO: Japanese Prime Minister Shinzo Abe told Bank of Japan Governor Haruhiko Kuroda to deploy all policies available to achieve the central bank's 2 percent inflation target, Kyodo news agency reported on Monday.

In a meeting, Abe also told Kuroda that the government hopes to cooperate with the BOJ to achieve "powerful" economic growth ahead of a scheduled sales tax hike next year, according to Kyodo.

The two met briefly after the government's official confirmation that Kuroda will serve another five-year term starting on Monday.