Bank of Japan Member of the Policy Board Yukitoshi Funo speaking at a meeting with business leaders in Miyazaki
more to come ... which is good, 'cause I'm not sure that headline was worth waiting on ...
here we go ...
- Still some distance to reaching 2% inflation target
- Important to continue powerful monetary easing
- CPI likely to continue uptrend on output gap improvement, rise in inflation expectations
- Core CPI likely to reach around 2% in FY 2019
More:
- There is a risk firms remain cautious when setting wages, to watch firms' wage-setting stance
- Possible rise in inflation expectations to be delayed due to firms' price-setting stance
The man hisself!
ps.
- Core CPI likely to reach around 2% in FY 2019
I'm gonna say nah