Bank of Japan Governor Kuroda says Japan's economy is likely to recover

I'm not sure which event/venue Kuroda is speaking at.

Headlines via Reuters:

• Japan's economy is likely to recover
• Japan's inflation to clearly accelerate due to sharp rise in energy prices, dissipating effects of cellphone fee cuts
• impact of Ukraine crisis on Japan's economy is extremely uncertain

• expected rise in inflation driven by increase in import costs, which could hurt Japan's economy via decline in household income, corporate profits

• BOJ will maintain powerful monetary easing to support economy still in the midst of recovering from pandemic hit

• BOJ will strive to ensure market stability through ample liquidity Liquidity Liquidity refers to the extent of a financial instrument’s ability to be bought or sold without causing price fluctuations. Thus, if an asset is extremely liquid, it means one can trade that asset in the knowledge that one’s specific dealing won’t create significant movements in the market.This is because there exists such a large number of traders going both long and short, generating huge volume for that particular asset. Liquidity in the FX MarketTake the example of the foreign exchange marke Liquidity refers to the extent of a financial instrument’s ability to be bought or sold without causing price fluctuations. Thus, if an asset is extremely liquid, it means one can trade that asset in the knowledge that one’s specific dealing won’t create significant movements in the market.This is because there exists such a large number of traders going both long and short, generating huge volume for that particular asset. Liquidity in the FX MarketTake the example of the foreign exchange marke Read this Term provision

USD/JPY is not doing a real lot in response: