What else Kuroda said (via Reuters headlines):

  • Capex increasing gradually as a trend
  • Raising 0.1 pct interest BOJ pays on excess reserves is among options when BOJ exits QQE
  • BOJ will do its part by aiming to hit 2 pct inflation at early date, so hope govt takes steps to restore fiscal health, boost economy's growth potential
  • Desirable for forex to move in stable manner reflecting economic fundamentals
  • If forex moves in a way that reflects fundamentals, won't do any harm to economy
  • Weak yen boosts exports, revenues at firms operating overseas but hurts non-manufacturers, households via rising import costs

Earlier comments (and wild yen swings) are here: