BOJ's Kuroda says will continue powerful monetary easing

BOJ governor Haruhiko Kuroda speaks in Tokyo

• Japan's economy is improving, expanding moderately
• But still some distance to 2% inflation target
• Will continue with easing policies to meet inflation target
• Expect wage gains to accompany consumer price gains
• Expect consumer prices to continue rising
• Pace of Japan's inflation is gradually picking up

Kuroda already straight to the hit singles, wasting no time to get the crowd "warmed up". Once again reiterating the usual BOJ rhetoric, nothing that we don't already know from Kuroda and the Japanese central bank.

I guess the good news for Kuroda is that inflationary pressures are starting to show up in recent data points as well.