Japan’s economy continues to recover moderately as a trend

  • BOJ’s QQE programme exerting its intended effects on economy
  • BOJ will maintain QQE for as long as necessary to stably achieve 2 pct inflation
  • BOJ will adjust policy as needed, looking at upside, downside risks to economy, prices

Headlines via Reuters

Bank of Japan (BOJ) Governor Kuroda speaking at a BOJ branch managers’ meeting