BOJ’s Kuroda: Japan’s economy expected to recover ahead

Bank of Japan (BOJ) Governor Haruhiko Kuroda is out on the wires now, via Reuters, expressing his outlook on the Japanese economy.

Key quotes

Japan’s economy is improving as a trend.

Japan’s economy expected to recover ahead.

Exports, output continue to increase as a trend although there are some weakness due supply constraints.

Japan’s core CPI is likely to keep hovering around 2% for the time being before slowing its pace of increase as the boost from energy dissipates.