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BOJ’s Kuroda says Japan’s economy continuing to recover gradually
Anyone want to fill in the the next 5-10 lines ? virtuous cycle is working; inflation expectations seen rising over longer term; no change to underlying trend in Japan; CPI likely to reach 2% around FY 2015; CPI forecast assumes gradual rise in oil prices; BOJ will check risks, adjust policy as needed; QQE is having desired effect; some BOJ members more cautious on CPI forecast for FY 2015; falling oil prices a positive for Japanese economy; oil prices will put upward pressure on CPI in longer term but limit gains in short term; All as per printed programme so far; USDJPY staging a relief rally of sorts to 117.74;