BoJ Kuroda: Expectation management critical for economic recovery

FXStreet (Bali) - BOJ Governor Kuroda, speaking at the 2014 BOJ-IMES Conference “Monetary Policy in a Post-Financial Crisis Era” hosted by the Institute for Monetary and Economic Studies, Bank of Japan, said that "expectation management through communication with market is critical to guiding economy toward recovery."

Kuroda added that "economic stability cannot be achieved just by stabilising prices and real economy, stable financial system also important to economic stability, striking balance between strength of commitment and future policy flexibility is critical point in debating foward guidance."