BOJ governor, Haruhiko Kuroda, remarks in his press conference
- Yield curve control is functioning properly
- Will assess yield curve control, asset purchases
- Not planning to review negative rates, or change overshooting commitment
- Expects economic recovery to only be moderate
I don't think there is much for Kuroda to expand from the policy decision earlier today here. His remarks should be a repeat of the same messaging that we have heard for many a time by the BOJ, especially that on inflation and "more powerful easing".
