Some comments by BOJ's Kuroda as well as a couple of Japanese ministers

  • Says that Japanese PM Abe informed him to ensure easing monetary policy is continued until 2% inflation target is reached
  • Will continue to implement powerful monetary easing
  • Will maintain joint-statement with the government
  • Will assess the economy at each meeting, and then decide proper policy for it

Seems like that was a short meeting. Kuroda's presser was initially scheduled for 1000 GMT.

Meanwhile, Kyodo News is reporting that Abe has told Kuroda to deploy all policies available until the 2% inflation target is achieved. And that Abe also told Kuroda that the government and the BOJ will cooperate to achieve powerful economic growth ahead of next year's planned sales tax hike.

Also on the wires is Japan's finance minister Aso and economy minister Motegi:

  • Government and BOJ to maintain joint-statement
  • Government and BOJ to cooperate closely to grow economy and exit deflation
  • Government's role is to ensure growth and make economy more productive