BOJ Governor Kuroda confirmed that they will continue to pursue expansionary monetary policy for a while. His most prominent comments were as follows:
- The delay in meeting the inflation target at 2% is unfortunate.
- The Japanese economy continues to expand smoothly.
- Current situation needs for continued expansionary monetary policy.
- The inflation target of 2% contributes to the stability of forex market movements.
- We will continue with the current policy until inflation reaches 2%.
- The Bank of Japan remains out of reach at the inflation target.
