Bank of Japan (BOJ) Governor Kuroda speaking before the Japanese parliament:
- Economy recovering moderately as a trend
- Easing was to maintain positive momentum
- BOJ will make adjustments as needed
- Sales tax rise has weakened Japan economy
- Too early to discuss exit policy from BOJ easing
- BOJ policy is not linked to the GPIF change in investment strategy
- Vital to secure confidence in Japan’s fiscal management
- Hopes Japan government will work for sustainable finances
