Bloomberg reports headlines from text of a speech the Bank of Japan (BOJ) Governor Kuroda gave at research Institute of Japan earlier today.
Current easing framework is sustainable
Yield curve has formed smoothly since introducing YCC
Economic recovery in Japan has taken hold more firmly
Conditions are improving for Japan to achieve 2 pct inflation
Still a long way to go to meet 2% price target
Risks have continued to be skewed to the downside
Of utmost importance to keep current market operation guidelines
JGB purchases conducted to reach interest rate target
Of utmost importance to maintain easing until 2% hit
Individual JGB operations have no policy implications
Changes in BOJ bond buying amount will not have implication on BOJ policy stance
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