Bank of Japan Governor Kuroda
- Japan's economy continues to recover moderately as a trend
- Japan's economy expected to expand moderately as a trend
- Japan consumer inflation likely to be slightly negative or around zero pct for time being
- Japan's financial system maintaining stability
- BOJ will maintain QQE with yield curve control for as long as needed to achieve 2 pct inflation in stable manner
- BOJ will adjust monetary policy as needed to maintain economy's momentum to achieve its price target
- BOJ will continue expanding monetary base until core CPI stably exceeds 2 pct
Headlines via Reuters
Kuroda will never give up!
--
Kuroda was speaking at the quarterly BOJ regional branch managers meeting
today.
