BoJ’s Kuroda: Sticking with 2% price target will help stabilize currencies

More comments still flowing in from the BoJ Governor Kuroda, as he continues to speak at the post-policy presser.

Sticking with 2% price target will help stabilize currencies.

Says that 2% target is the global standard.

Oil prices, technology advancement, globalization among factors behind global disinflation.

Wages and prices move in parallel in Japan.

Without wages, there's no price rises; vice-versa.

Wage growth is needed for sustainable inflation.