Japan's virtuous economic cycle is working – BOJ’s Kuroda

FXStreet (Mumbai) - The Bank of Japan (BOJ) governor Kuroda, during his press conference on Tuesday, once again reiterated that the virtuous economic cycle in the Japanese economy is working.

Key Quotes

“Exports and industrial production affected by a slowdown in emerging economies”

“CPI to reach around 2% in H1 2016, timing of hitting 2% inflation target depends on oil price.”

“BOJ will examine both upside and downside risks to the economy and prices and will adjust policy as needed. Will continue to closely watch financial markets and global economic outlook.”

“Chinese economy will follow the stable growth path ahead due to authorities' monetary and fiscal policies.”