Kuroda: Japan is out of the deflationary situation

Captain Charisma back on the wires

  • Though it's still not possible to declare the end of deflation just yet
  • Can't say it's ended until we have stable 2% inflation
  • Timing to reach 2% goal could change because of oil
  • Need wages to rise as well as prices (going over old ground now)
  • Economy will continue its gradual recovery in 2016
  • Would adjust policy without hesitation if needed
  • BOJ could do additional easing if it was needed

Speaking on NHK TV

Sending himself to sleep repeating the same old hogwash

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