Bank of Japan member Shirai comments: It is possible to aim for 2 pct inflation at slower pace

• It is possible to aim for 2 pct inflation at slower pace than 2 yr time frame if burden on households and companies becomes excessive
• Currently there is a lot of uncertainty around the time frame for the BOJ’s 2 pct inflation target
• Would not hesitate to ease further if big downside risks to economy, prices emerge
• Disinflationary trend is somewhat of a concern in euro area, but rather limited in the US

Headlines via Reuters

Having limited to no impact on yen.