BOJ governor Haruhiko Kuroda speaks at an event in Tokyo
- Exports, production are affected by global slowdown
- It will take some time to hit inflation target
- Says BOJ will conduct policy by mulling over its benefits, costs
- Appropriate to continue easing persistently
Nothing new really by Kuroda as the BOJ looks set to continue with their current easing policies for the foreseeable future. The next real big focus for the Japanese economy will be the proposed sales tax hike in October.
With economic conditions struggling so far in Q1 2019, it'll be a controversial issue if the government follows through with that only to send the economy into yet another technical recession at the end of the year.
