BoJ’s Kuroda: Momentum towards 2% inflation target is still in place

The Bank of Japan (BoJ) Governor H. Kuroda is on the wires now, via Reuters, making some comments at the post-BoJ policy meeting press conference.

Key Points:

Economy is expanding moderately.

Momentum towards 2% inflation target is still in place.

Core inflation has slowed down somewhat due to Yen rising.

That has weighed on durable goods prices.

BoJ is to adjust monetary policy as needed.

Will take into account economy, prices, financial conditions.