The Japanese Yen was steady on Monday as Bank of Japan Governor Haruhiko Kuroda stressed once more on that the central bank would stick to its ultra-accommodative monetary policy until inflation hits its 2% target. Speaking at a quarterly meeting of BoJ regional managers, Mr. Kuroda spoke to his enduring expectation that Consumer Price Index inflation would increase speed toward that target as the output gap improved and pricing expectations rose. He said that prices are likely to move toward 2% and that the easing program would continue towards that goal. He also said that Japan’s economy was expanding moderately, ... (full story)