BOJ’s Kuroda: BOJ will continue to pursue powerful monetary easing policy

Bank of Japan (BOJ) Governor Kuroda is on the wires now, making a scheduled appearance in Parliament.

Key Headlines:

CPI to pick up toward 2% inflation target

Long term inflation expectations likely to heighten ahead

BOJ will continue to pursue powerful monetary easing policy under current framework

Long-term interest rates may rise if economy improves and accelerates inflation to 2 pct

Policy affects finances but is needed for inflation