More from BOJ’s Kuroda – Don’t see any limits to future policy options

More from BOJ’s Kuroda:

• Weak yen has various positive effects on Japan’s economy
• If weak yen is in like with fundamentals, benefits will outweigh demerits
• Must be mindful that weak yen affects various entities in different ways and with a time lag
• Will continue to monitor how fx, other market moves impact Japan economy
• If weak yen is in line with fundamentals, benefits will outweigh demerits
• QQE is prompting shift in investors’ funds to riskier assets, including overseas investment
• Don’t see any limits to future policy options, including JGB purchases
• Very hard for BOJ to respond with policy if trust in japan’s fiscal policy is lost