About time Kuroda weighed in, its been a few hours since we've heard from him
- Japan's economy continues to recover moderately as a trend despite some signs of weaknesses in exports, output
- Japan's economy expected to expand moderately as a trend
- Consumer inflation likely to hover around zero
- Consumer inflation likely to hover around zero for time being, then accelerate towards 2 pct
- Japan's financial system maintaining stability
- BOJ will maintain qqe with negative rates for as long as needed to achieve 2 pct inflation in stable manner
- BOJ will take additional easing steps via quantity, quality of asset buying and interest rates if needed
K speaking at a BOJ branch manager meeting
Headlines via Reuters