Bank of Japan (BOJ) Governor Kuroda comments on fiscal matters

Bank of Japan (BOJ) Governor Kuroda:

• Sees very low chance right now of confidence being lost in Japan fiscal policy and JGBs
• Important for government to continue with fiscal discipline
• If confidence lost in fiscal policy, would be difficult for Japanese government to respond

Nothing new from the big K

More:

• Will make adjustments without hesitation if needed
• Will check risks, make adjustments as needed
• Will continue easing until 2% inflation stable
• Reaching goal may come earlier or later depending on oil
• CPI likely to reach 2% in or around fiscal 2015
• Falling oil prices good for economy in longer term
• Tough to cope with fiscal risk once it materializes

Headlines on Bloomberg and Reuters