Bank of Japan Governor Kuroda will speak in the Diet twice today, comments from his first appearance for the session:
- the 2% inflation target assists in long-run currency stability
- BOJ is seeking to create conditions in which inflation accelerates in line with rises in corporate profits, wages
- inflation likely to hover around 1% because wages are not rising fast enough
(Dunno about anyone else but those final 2 comments seem a little conflicting without some language gymnastics)
