BoJ Governor Haruhiko Kuroda held his inaugural press confidence today. Here are some comments:
- “I think the process of any shift (from easy policy) would be cautious and gradual, as with U.S. and European central banks,”
- “The economy and prices are doing quite well now but there’s some distance to achieving 2 percent inflation,”
- “It’s inappropriate to tighten policy or diminish monetary support to create policy room to cope with a future downturn”
The comments are basically the same as what we heard from Kuroda repeatedly.
