BoJ: Economy’s momentum for hitting price goal sustained a lacking strength

Additional headlines reported by Reuters from the BoJ quarterly economic report:

Japan’s economy expected to continue expanding moderately.

Economy’s momentum for hitting price goal sustained a lacking strength.

No sign so far of excessively bullish expectations in asset markets, financial institutions activities.

Risk of financial system destabilizing not big for now but outlook warrants attention.

Risks to price outlooks skewed to the downside.

Risks to economic outlooks skewed to the downside.

Inflation likely to gradually accelerate toward 2%.

Developments in overseas economies including protectionism pose risks to the economic outlook.

Medium to long-term inflation expectations have been more or less unchanged.

The pace of improvement in prices, inflation expectations has remained slow compared to improvements in the economy, job market.

If confidence and fiscal sustainability declines economy may underperform the baseline scenario.