Bank of Japan Governor Kuroda:
- Global economy in good shape but uncertainties remain, such as geopolitical risks, US economic policy and its impact on markets
- Hope tight labour market encourages firms to take steps to address long-term challenges from dwindling population
- FX moves should reflect economic and financial fundamentals
- BOJ can contribute to long-term FX stability by targeting 2% inflation, which is global standard among major central banks
USD/JPY stabilising after popping above 114.50 earlier:
Earlier:
- BOJ's Kuroda: Still some distance to go to achieve 2% inflation target
- BOJ Closely Watching Impact of Easy Policy on Bank Profits-Kuroda - RECAP
And also from the Bank of Japan earlier today:
