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.

 

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