BoJ Kuroda upbeat, QE as long as needed

FXStreet (Bali) - Bank of Japan (BOJ) Governor Kuroda reiterated on Thursday his upbeat tone on the Japanese economy, saying that Japan continues to recover moderately, while adding that the country is making continuous and steady progress to reach the BOJ’s price target. With reference to QE, Kuroda said that it will be maintained until needed to sustainably meet inflation goals and based on downside risks to the economy. Kuroda added that Japan’s financial system maintaining stability as a whole.