Inflation to accelerate in H2 2015: BOJ's Governor Kuroda

FXStreet (Mumbai) - Speaking to lawmakers in the Japanese parliament, Bank of Japan (BOJ) Governor Haruhiko Kuroda said today that he expects consumer prices growth to significantly accelerate in the second half of fiscal year 2015, while he defended the central bank's monetary policy.

However, he warned that inflation growth could be halted if oil prices continue in their downward spiral.