BOJ’s Kuroda: Japan’s Economy Likely to Improve Moderately as a Trend

“Japan’s economy is likely to improve moderately as a trend,” the Bank of Japan (BOJ) Governor Haruhiko Kuroda said in a scheduled speech at the Japan Business Federation’s Board of Councillors Meeting, in Tokyo.

There is high uncertainty for economic outlook as it will likely take time for vaccines to reach broad sectors of society.
Don’t expect japan to return to deflation but watching price moves carefully given uncertainty over economic outlook.
Don’t see need to change yield curve control in upcoming examination of our policy
BOJ will check whether various tools, including operation of YCC and asset purchases, are exerting intended effects.