BOJ governor Kuroda steps up for his press conference 28 April •weakness in output, exports due to developing nations •Japanese corp sentiment seen at favourable level •inflation expectations have weakened lately •CPI to hit 2% during FY 2017 •hard to see positive impact of mon pol due to uncertainty about overseas economies •It's pass-the-buck time again for BOJ and other central banks •decided at this meeting BOJ needed more time to monitor impact of mon pol •will not hesitate to easing steps on 3 dimensions if needed to achieve 2% target (full story)