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