BoJ’s Kuroda: Inflation expectations are now slightly picking-up
|Key quotes from the BoJ Governor Kuroda are noted below, as he speaks on the bank’s monetary policy programme at the ECB’s policy panel: ‘At the heart of policy: challenges and opportunities of central bank communication.
"Inflation expectations are now slightly picking-up.
Inflation formation in Japan is largely backward looking.
Making a strong commitment to achieving 2% price target.
We continue with the strong accommodative policy.
So as to reduce output gap further and boost employment and wages.
Communication is a matter of policy itself."
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