Back
31 Jan 2018
BOJ needs to persistently continue easing - BOJ's Iwata
Comments from Bank of Japan's (BOJ) Deputy Governor Iwata are crossing the wires-
- BOJ must continue with powerful monetary easing.
- Yield curve control is the most appropriate policy with the biggest effect, minimal costs.
- BOJ should maintain current policy as long as it is not sure of the effects of other possible options.
- Still some distance from 2 percent inflation target.
- Trying to restore fiscal health could slow growth, make achieving 2 percent inflation target difficult.