BOJ Governor Kuroda says Japan's financial system is stable as a whole - can ease further

Bank of Japan Governor Kuroda speech

Note his comment on financial stability. Financial stability concerns are often used as a supportive factor by those wanting to reduce policy accommodation. K says its not an issue though.

• Japan's economy showing some signs of weakness but picking up as a trend
• Japan's economy likely to recover as impact of covid-19, supply constraints ease
• Japan's consumer inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term moving around 0.5%
• Japan's consumer inflation likely to clearly accelerate pace of increase
• there is very high uncertainty on how developments in Ukraine affect Japan's economy and prices via markets, asset price moves and overseas growth
• Japan's financial system stable as a whole
• BOJ will maintain ultra-loose policy to stably achieve 2% inflation target
• Japan's inflationary pressure likely to heighten as a trend
• BOJ stands ready to ease policy further without hesitation as needed
• must remain vigilant to impact of pandemic on domestic, overseas economies