Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the country's economic recovery has become a trend despite some signs of weakness, adding that inflation which currently stands at around 0.5% will continue to expand for the time being.
To support the economy, Kuroda noted that the Japanese central bank would continue with its sustained support through powerful monetary easing for the foreseeable future.
Commenting on the ongoing challenges, Kuroda concluded that Japan's economy would likely improve as the impact of the coronavirus pandemic and supply constraints eased.
