Bank of Japan (BOJ) Governor Kuroda comments:

On the US:

  • Rising US rates could affect global markets
  • Fed raising rates means US recovery is solid ... Fed rate rise is something he 'should welcome'
  • Says global economy eventually to have strong growth
  • Says US capable of 3% growth from Q2 on
  • US recovery is quite solid
  • US growth in 1Q1 may have been subdued, about 1.5%

On Japan

  • No doubt that underlying inflation trend improved
  • More Japanese households expect prices to rise 2%
  • Bank of Japan's easing having intended effect
  • BOJ committed to 2% inflation, easing as needed
  • Easing having intended effect
  • Says deflation no longer unique to Japan
  • BOJ won't hesitate to adjust if inflation off track
  • Reiterates expects to meet 2% price goal in fiscal 2015
  • Successful talks on TPP would be quite significant
  • Says inflation expected to rise in H2 of fiscal 2015
  • Says won't hesitate to adjust if inflation not on track
  • Says we don't think necessary to adjust monetary policy
  • Japan inflation expectations to continue rising
  • Inflation to gradually accelerate
  • Says BOJ policies targeted at inflation, not FX rate

This Headlines on Bloomberg

And, via Reuters headline:

  • Says financial markets could be surprised by higher interest rates if the BOJ hits inflation target in 2016