BOJ’s Kuroda: We will adjust monetary policy as needed - RTRS

Reuters reports comments from the BOJ Governor Kuroda, as the post-BOJ policy decision press conference gets underway.

Main Headlines:

We will adjust monetary policy as needed in order to maintain momentum towards 2% price target

Expect consumer prices to rise gradually now

Do not have pre-set ideas about pace of bond buying

It's true that prices are not rising despite improved output gap

Taking time to end deflation mindset in japan

Job market has tightened further, which is clearly putting pressure on wages

Rising wages will lead to higher selling prices, service prices