Bank of Japan Governor Kuroda speaking in the Diet (Japanese parliament)

  • Japan's economy is expanding moderately
  • Economy is sustaining upward momentum to achieve the BOJ inflation target but the momentum lacks steam
  • still some distance to achieving price goal
  • must remain mindful of uncertainties on economic and price outlooks
  • its appropriate that current easing to persist

Usual guff from K. he is speaking on the Bank's Semiannual Report on Currency and Monetary Control to the Committee on Financial Affairs (House of Councillors)

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