Comments by BOJ governor Haruhiko Kuroda in Tokyo
- Japan's economy is expanding moderately
- Moderate economic expansions is likely to continue
- Must maintain powerful monetary easing patiently
- No change in BOJ's stance to hit inflation target
- Steps taken in July will enhance monetary easing effect as a whole
So far, the same old stuff coming out from Kuroda. And that's not likely to change for quite some time still. The central bank is still far away from its inflation target and so they won't be seeking to change policies until there is evidence of them moving closer towards that.
Right now, the main focus for Japan will be avoiding a trade dispute with the US.
