BOJ Gov Kuroda speaking

  • Japan's economy remains in severe state but picking up as a trend
  • Japan's economy likely to recover as the pandemic's impact gradually subsides
  • Japan's financial system remains stable as a whole
  • BOJ's focus will be to respond to the impact of the pandemic on the economy for the time being
  • won't hesitate to take additional easing steps with an eye on the impact of pandemic
  • core consumer inflation hovering around zero
  • core consumer inflation likely to gradually accelerate

Nothing new at all from K here in these comments. The "core consumer inflation likely to gradually accelerate" comment is something he has been saying for ... forever really.

more to come