- details of asset purchases for next year will be produced at appropriate time
BOJ board member speaking in Tokyo
- 2 year timeframe is not absolute for reaching 2% inflation
- BOJ isn’t necessarily saying it will achieve 2% inflation in 2 years at whatever costs
- what is important is to ensure 2% target is maintained in stable manner
- BOJ won’t rule out further action if path toward achieving stable 2% inflation is ruined
USDJPY a tad lower at 101.67 as Nikkei retreats to 14,659.41
- not denying possibility of further easing
- sees risks on whether nominal wages will continue rising next year and how consumer sentiment will perform ahead
- high possibility of reaching 2% target in FY2016
