Bank of Japan (BOJ) Governor Kuroda Appeared in the Japanese Parliament on Tuesday (before the upper house’s Committee on Financial Affairs; headlines here, here, and also from deputy governor of the bank Iwata here). The Nikkei have a (very) brief article up on Kuroda’s spiel:

  • Japanese economy will continue in a moderate recovery trend
  • Sluggish consumption
  • Negative yields on JGBs
  • Weakness in production
  • Impact of April 1 tax hike
  • Health of corporate earnings
  • Maintained forecast on achieving the 2% inflation target around fiscal 2015
  • Exit strategies to be discussed as early as next fiscal year

–

ps. The BOJ meet on Friday (October 30) this week.