The Bank of Japan (BoJ) Governor Haruhiko Kuroda on Thursday reiterated the central bank will adjust its monetary policy if needed to reach the 2% inflation target. He believes that Japan can reach a 2% inflation target at around fiscal 2015 to March 2016.
Mr. Kuroda also said that he is optimistic on a recovery of Japan's exports.
The BoJ governor repeated the country's economy is expected to recover moderately and private consumption has remained resilient as a trend.