Bank of Japan (BoJ) governor Haruhiko Kuroda stated on Monday that the county's economy is showing signs of weakness, but that it is improving as an overall trend.
He also noted that although the uncertainty regarding the Japanese economy is quite high, BoJ will strive to maintain an ultra-loose monetary policy in order to achieve a 2% inflation rate target.
Kuroda added that while Japan's consumer inflation is likely to accelerate its pace of increase, the country's central bank stands prepared to ease policy even further to remain at the desired inflation levels.
