BOJ’s Kuroda: Japan's economy has continued to recover moderately

Bank of Japan (BOJ) Governor H. Kuroda is now on wires via Reuters, speaking in the Japanese parliament.

Key Quotes:

Japan's economy has improved after BOJ began QQE easing

Japan's economy has continued to recover moderately

Consumer spending isn't strong enough

Wage rises, increase in household income critical for consumption to rise so watching developments carefully

Cost-push price rises won't being sustainable inflation

True that weaker yen brought cost-push effects on CPI