BoJ's Kuroda: Japan's economy expanding moderately – RTRS

BoJ's Kuroda has hit the wires and said that Japan's economy expanding moderately though says that the overseas slowdown is affecting exports, output:

• Economy expected to expand moderately for time being, though affected by overseas slowdown.
• Consumer inflation moving around 0.5-1%.
• Financial system maintaining stability.
• Will maintain qqe with yield curve control for as long as needed to achieve 2% inflation in stable manner.
• Will continue expanding monetary base until consumer inflation stably exceeds 2%.
• Will keep short, long-term interest rates at current very low levels for an extended period.