Bank of Japan Governor Ueda:
- Japan's prolonged deflation, low inflation made it difficult to affect public's inflation expectations via expansion of monetary base
Earlier:
- BoJ Governor Ueda says won't change monetary policy just to deal directly with FX moves
- BoJ Ueda anticipates accommodative financial conditions will be maintained for time being
- More from BOJ's Ueda - wanted to move before trend inflation hit 2%
