BOJ’s Kuroda: Will adjust monetary policy as needed to maintain price momentum

The Bank of Japan (BOJ) Governor Kuroda is on the wires now, addressing the press conference after the BOJ monetary policy decision announced earlier on the day.

Main Headlines:

Risks to prices and economy tilted to the downside

Will adjust monetary policy as needed to maintain price momentum

Board members Kiuchi, Sato made proposal based on the view that inflation won't hit 2% in 3-year forecast

FY2019 GDP will slow slightly due to capex and sales tax