Economic recovery spreading to Japan’s regions – BOJ’s Kuroda

FXStreet (Mumbai) - The Bank of Japan governor Kuroda at the press conference expressed confidence about the economic recovery spreading to Japanese regions.

Kuroda once again reiterated that the virtuous cycle is working in the economy and the economy continues to recover moderately. Kuroda termed the slowdown in production and exports are temporary.

Earlier today, the Bank of Japan trimmed its forecasts for inflation and economic growth, but kept the scope of its monetary easing unchanged as widely expected.