BOJ's Shirai: Important for the BOJ to maintain accommodative environment
- Mid to long term inflation expectations are around 1%
- BOJ easing has helped improve output gap by about 2%
Bloomberg with the headlines
From Shirai's speech: "Unconventional Monetary Policies of the Bank of Japan and European Central Bank" (Remarks at the Bruegel Annual Meeting)
I'm not sure when the speech was released onto the Bank of Japan website; it was given on September 8 in Europe (Brussels) but is dated September 9 on the bank's website. Maybe I should add it to my list: Reasons the yen crosses are climbing today
