Further comments from BOJ governor Haruhiko Kuroda at his confirmation hearing at the parliamentary lower house
- No excessive activities in financial markets
- BOJ may conduct next policy review in five years
- No need to conduct policy review now
- No chance of hyperinflation in Japan right now
- Need to continue powerful monetary easing
- Virtuous economic cycle is staring in Japan
Kuroda being ambiguous again with his comments, but the fact that he's not discounting the possibility of removing stimulus is taken as a sign by traders to prop up the yen at the moment.
