BoJ’s Kuroda: Easing won't continue if CPI reaches 2% in stable manner

The Bank of Japan (BoJ) Governor Kuroda is out on the wires now, via Reuters, making a scheduled speech in Parliament, in Tokyo.

Key Points:

BoJ easing won't continue if CPI reaches 2% in stable manner.

Easing is to achieve price target.

Any normalisation will take into account economic effect.

Once the BoJ starts normalizing policy, it will be a gradual process.

Financing public debt is not part of BOJ's mandate.