BOJ’s Kuroda: Results of monetary policy don't always turn out as expected

Bank of Japan (BOJ) Governor MR. H. Kuroda is now on the wires via Bloomberg, making a speech on a television program.

Key Quotes:

My personality is cautiously optimistic

Fiscal policy results don't always turn out as expected

Many economists don't think financial markets always right

Wages will rise if prices rise

Deflationary mindset deeply rooted in Japan

FX, stock markets sometimes move too much

Results of monetary policy don't always turn out as expected