BOJ Kuroda: Still optimistic to reach 2% inflation in fiscal 2015

FXStreet (Bali) - BoJ Governor Kuroda is appearing before the Japanese parliament today, noting that Japan consumer inflation is likely to accelerate steadily as a trend, Reuters reports.

Additional headlines

Japan consumer inflation likely to reach 2 pct in period centering on fiscal 2015

Timing of reaching 2 pct inflation may change somewhat depending on oil price moves

Crude oil price falls are positive for economic activity, so likely to help accelerate inflation in long run