BOJ’s Kuroda: Rapid yen weakening in short period of time as seen recently is undesirable

developing story ....

Rapid yen weakening in short period of time as seen recently is undesirable.

It was inappropriate to describe households' acceptance of price hikes.

Withdrawing my remark about household' acceptance of price hikes.

Cost-push inflation is bad price hikes which won't last long.

Important for FX to move stably reflecting fundamentals.

Various macroeconomic models show weak yen is positive.