A Bank of Japan board member said on Wednesday the central bank would ease polic...
TOKYO/TSU Japan - A Bank of Japan board member said on Wednesday the central bank would ease policy further without hesitation if momentum for hitting its 2% inflation target was lost, adding that she was concerned about mounting risks from overseas economies.
“I intend to continue to conduct monetary policy appropriately toward achieving the price stability target while considering all conceivable adverse and positive effects from every angle.” The BOJ left monetary policy steady at its July policy meeting but pledged to ease without hesitation to preempt risks that could hurt the chance of hitting its 2% inflation target.
The BOJ judged that it needed to pay more attention to the possibility that the momentum toward hitting the 2% inflation target would be lost.
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