BOJ's Kuroda: Japanese economy is expanding moderately

Bank of Japan (BOJ) Governor Kuroda said on Tuesday that the Japanese economy is expanding moderately but the momentum to achieve the central bank's inflation target of 2 percent lacks steam. 

Key quotes (Source: Reuters)

• Japan's economy expanding moderately.
• Economy sustaining momentum to achieve BOJ's price goal but that momentum lacks steam.
• Still some distance to achieving price goal.
• Must be mindful of uncertainties on economic, price outlook.
• Appropriate to continue current easing persistently.
• Wages, consumption slowly picking up.