BoJ’s Kuroda: Positive effects of monetary easing far exceeded side-effects

Bank of Japan (BOJ) Governor Haruhiko Kuroda is speaking at his last post-policy meeting conference on Friday, expressing his take on the monetary policy and economic outlook.

Additional quotes

2% price target is appropriate as it is a global standard.

Monetary easing has been successful in terms of supporting Japan's economic potential.

Positive effects of monetary easing far exceeded side-effects.

Market reaction

USD/JPY was last seen trading at around 136.75, up 0.49% on the day.