- Will achieve price target with 2 years in mind
- BOJ easing not limited to just 2 years
- Easing to last until sustainable prices achieved
- Capital spending is the key for ending deflation
- Will make prompt policy adjustment as needed – examining capex, consumption, exports each month
- International recognition that Japan’s economic recovery will benefit the global economy
- Confident BOJ can meet its bond buying target with purchases across the yield curve
Kuroda: will do whatever possible to end deflation
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