Bank of Japan Governor Kuroda says 2% inflation target possible to achieve, but will take time

BOJ Gov in parliament today answering questions. His comment in the headline is his usual spiel.

• 2% inflation target possible to achieve with powerful monetary easing, but will take time

More:

• no need to change inflation target

(its 2% ICYMI)

• CPI growth will stay negative for the time being but will rebound thereafter, gradually accelerate the pace of increase

Kuroda is the eternal optimist. Or too much sake, dunno.