Earlier::
He is continuing on, this time with comments directed towards domestic monetary policy:
- BOJ must maintain current monetary easing, but there will also likely be scope to consider steps to address side-effects of easy policy
- by maintaining current easy policy, it's possible to sustainably, stably achieve our price target, accompanied by wage growth, while looking after side-effects of our policy
As I noted earlier, Kuroda's term finishes on April 8, Ueda will be his replacement. Kuroda is unrelenting on his insistence on easy policy right to the end of his tenure. I don't think Ueda will be in much of a hurry to change policy around too much.
Kuroda, Ueda. Both seated.
