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
