Bank of Japan Governor Kuroda speaking
- Japan's economy has been expanding moderately as a trend, though exports, output have been affected by overseas slowdown
- Japan's economy likely to continue expanding moderately as a trend, though affected by overseas slowdown for time being
- consumer inflation is moving in range of 0.5%-1.0%
- Japan's financial system is maintaining stability
- BOJ will maintain QQE with yield curve control for as long as needed to achieve 2% inflation in stable manner
- BOJ will continue expanding monetary base until consumer inflation stably exceeds 2%
- BOJ will keep short-, long-term rates at current very low levels for extended period, at least through around spring 2020
Bolding is mine - Kuroda sticking to script.