The Bank of Japan Governor Haruhiko Kuroda said at the annual meeting of the National Association of Shinkin Banks in Tokyo on Friday:

• Japan's economy has continued to recover moderately and the easing would continue until the 2% inflation target was reached;
  
• The BoJ could make adjustments to hit the 2% target if required;
  
• Japan's economy is expected to continue a moderate recovery;
  
• The BoJ could introduce additional stimulus measures should Japan's economic activity and prices deviate from the baseline recovery scenario;
  
• The annual consumer inflation should accelerate in or after October;
  
• The 2% target should be reached during fiscal 2015.