Amamiya comments in the Diet: Japan economy still half way to price target

Masayoshi Amamiya is a BOJ executive director , he is runs the Monetary Affairs Department (that determines monetary policy options). Comments in the Diet being reported now:

• Japan economy still half way to price target
• The additional easing was to ensure the meet the price target
• The BOJ isn’t just aiming at raising prices, the goal is to generate positive economic cycle that should eventually raise wages

More:

• Too early to discuss the BOJ exit strategy
• Exit will depend on economic and financial conditions