BoJ’s Kuroda: Will patiently continue with current aggressive stimulus to achieve 2% price target
Headlines are crossing the wires, via Reuters, from the BoJ Governor Kuroda, as he speaks at the post-policy meeting press conference.
Will make policy adjustments to maintain momentum to 2% inflation target.
Will adjust policy as appropriate with an eye on economic, price and financial conditions.
Taking time to overcome deflationary mindset.
Expects companies price-setting stance to become more positive form now onwards.
Inflation expectations have escaped from a weak period.
BoJ will persistently continue monetary easing.
Will patiently continue with current aggressive stimulus to achieve 2% inflation target.
Global financial markets have been volatile but economic fundamentals remain solid.
Volatility has remained a bit high after subsiding.
Economic impact from recent market volatility is limited.
Will continue to closely watch financial markets.