Bank of Japan: Inflation to Remain Above 1 Percent Through First Half of 2014

So says the bank's governor

Japan's inflation is set to stay above 1 percent during the first half of next year, Bank of Japan Governor Haruhiko Kuroda said on Wednesday.

Speaking at a Japan Business Federation conference in Tokyo, Kuroda said, "Given that deflation has continued for nearly 15 years, those are important changes."