Also:
- Wont hesitate in fine-tuning policy flexibility if unexpected risks to economy arise
- Won’t rule out option of offering longer-term fixed rate funds via market operations
- Annual CPI growth likely to turn positive this summer
- Chance of 2% inflation in 2 years not necessarily high
- Goal of BOJ’s policy will be fulfilled if prices stabilise at a certain range with a median of 2% growth
- Worries on China economic slowdown, but doesn’t see it as a huge constraint to Japan’s recovery
- Chinese authorities focus on quality of growth likely to contribute to global economic stability in the long run
- Risks to global economy are tilted to the downside but no change to the view that it will resume moderate recovery
Headline via Reuters