BOJ's Kuroda says impact of sales tax increase is waning via ForexLive

• virtuous cycle working in Japan's economy

BOJ gov presser just starting. Earlier today the BOJ made no change to policy at their meeting

• CPI likely to be around 2% target around FY 2015
• exports expected to recover moderately ahead
• industrial output returning to moderate growth ahead
• inflation expectations still rising over long term
• QQE exerting its intended effect
• deflation mindset is steadily changing due to QQE

posted via ForexLive