Bank of Japan (BOJ) Governor Kazuo Ueda is holding a news conference following his meeting with business leaders in Osaka, western Japan, on Monday.
Key quotes
Stable, sustainable achievement of 2% inflation not yet in sight.
Japan's economy is at a critical stage on whether it can achieve positive wage-inflation cycle.
Must continue to be vigilant to chance past sharp US rate hikes could affect economy, financial system with a lag.
Chinese economy's slow pace of pick-up is also worrying.
It is true inflation is exceeding 2% for prolonged period, but that alone cannot lead us to conclude japan close to stably, sustainably achieving our target.
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