BOJ's Kuroda gives positive outlook on economy, prices

Tokyo

BANK of Japan (BOJ) governor Haruhiko Kuroda offered a positive view on the economy and inflation on Monday, sending the yen to a four-month high against the US dollar on simmering speculation that it may exit its ultra-loose monetary policy earlier than expected.

Financial markets ignored Mr Kuroda's reminder that the BOJ will maintain its massive stimulus in a sign of how nervous investors have become on when it might follow the footsteps of other central banks in dialling back crisis-mode stimulus.