BOJ Governor Kuroda says Japan's financial system is stable as a whole – can ease further

Bank of Japan Governor Kuroda speech Note his comment on financial stability. Financial stability concerns are often used as a supportive factor by those wanting to reduce policy accommodation. K says its not an issue though. Japan's economy showing some signs of weakness but picking up as a trend Japan's economy likely to recover as impact of covid-19, supply constraints ease Japan's consumer inflation moving around 0.5% Japan's consumer inflation likely to clearly accelerate pace of increase there is very high uncertainty on how developments in Ukraine affect Japan's economy and prices via markets, asset price moves and overseas growth Japan's financial system stable as a whole BOJ will maintain ultra-loose policy to stably achieve 2% inflation target Japan's inflationary pressure likely to heighten as a trend BOJ stands ready to ease policy further without hesitation as needed must remain vigilant to impact of pandemic on domestic, overseas economies