BoJ Kuroda testimony to parliament a non-event

FXStreet (Barcelona) - The remarks by Bank of Japan (BOJ) Governor Kuroda to the Japanese parliament were a non-event, with the policy-maker reiterating that the 2% inflation target is achievable.

Kuroda said the target could be met towards the end of the year or early 2015, while highlighting solid progress made. Kuroda also outlined the fact that Japan has officially escaped deflation for the first time since 2001.