Kuroda: Japan Continued Moderate Recovery Trend

The BOJ governor addressed branch managers, discussing the negative CPI and gradual economic recovery. He hinted at potential stimulus but gave no clear timeline. The BOJ cut its assessment for two regions, but not enough to suggest imminent stimulus. Branch managers expressed concerns about the yen's strength affecting corporate profits. Discussions on potential interventions are expected, with BOJ and MOF officials meeting to address global financial issues.

What was the general sentiment about the economy's recovery as discussed in the meeting?

What potential actions were mentioned that the BOJ or the Ministry of Finance might take?