BOJ's Kuroda - Current policy is sufficient to hit 2 percent price target

Bank of Japan (BOJ) Governor Kuroda is back on the wires stating that the current yield curve control policy is sufficient to hit the 2 percent inflation goal.

The BOJ minutes released in early Asia showed a couple of policymakers are worried that the current policy may not be able to deliver the desired results.

Key quotes from Kuroda

• Current policy is sufficient to achieve an appropriate yield curve, hit 2 percent price target.
• There is good reason to believe next year's spring wage negotiations could lead to bigger wage hikes than those for this year.
• Expect next Fed chair to take appropriate monetary policy steps looking at U.S., global economic developments.