BOJ’s Kuroda: Told PM Abe that BOJ will continue stimulus firmly

Following a meeting with the Japanese PM Shinzo Abe last hour, BOJ Governor Kuroda crossed the wires, via Reuters, providing brief insights of the meeting.

Key Points:

Discussion was on global economic developments

Told PM Abe Japan's economy is steadily recovering

Prices are rising but are still far from the BOJ 2% target for inflation

Told Abe global economic growth is accelerating

Told PM Abe that BOJ will continue stimulus firmly

Still far from price target

No particular requests from Abe on monetary policy