BOJ's Kuroda press conference: CPI to hit 2% during FY 2017

Following today's unchanged policy outcome by the Bank of Japan, Governor Kuroda is now giving a press conference, noting that Japan economy continues to recover moderately, adding that
CPI is set to hit 2% during FY 2017.

Headlines

Weakness in output, exports due to developing nations

Japanese corp sentiment seen at favourable level

Inflation expectations have weakened lately

CPI to hit 2% during FY 2017

Hard to see positive impact of mon pol due to uncertainty about overseas economies