Bank of Japan (BOJ) Governor Kuroda:

  • says easing is having intended effect
  • Recovery continuing despite some volatility
  • Firmly on path toward 2% inflation goal
  • Price rises will gradually pick up
  • High chance of reaching the 2% inflation target in end fiscal year 2014 through 2015

Bloomberg headlines

Kuroda is appearing before a Japan parliament committee

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More:

  • The Tankan showed broad range of Japan firms seen cautious of economic outlook but think firms positive stance on business maintained

Reuters headline

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More from Bloomberg headlines:

  • weak yen, energy cost gains contributing to price gains
  • But price increases not just driven by higher costs
  • Japan labor market is becoming considerably tight
  • Too early to discuss QQE exit policy