More comments flowing in from the BOJ Chief Kuroda via Reuters and Bloomberg, as he responds in the Q & A session:
BOJ policy is aimed at price stability target
See high chance of 2% cpi around 1st half of fy17
G20 understands BOJ’s policy intentions
No disagreement on BOJ policy at G20 meeting
BOJ doesn’t think its OK only for prices to rise
BOJ wants inflation and a positive economic cycle
Japan prices will rise with growth in wages
Japan using not just monetary policy, but fiscal policy and structural reform measures to achieve sustainable economic growth
Wages must continue rising steadily to hit 2% cpi
Corporate profits rising, to support wage hikes
(Market News Provided by FXstreet)
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