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BOJ's Kuroda says Japan's industrial production is recovering

From forexlive.com

virtuous cyle taking place in Japan's economy And we're off and running with Mr K once again.. Definite;y something lost in translation on that "viruous" he keeps coming out with; inflation expectations are rising over long-term view; CPI likely to reach 2% target around FY2015; exports will continue moderate recovery due to global economy and weak yen; Japanese economy to continue moderate recovery mode; will continue with QQE as long as necessary to achieve 2% price stability; Nothing of note so far; USDJPY 119.16; doesn't think additonal QE in Oct had negative impact; inflation expectations still intact due to ... (full story)

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