Bank of Japan deputy governor Nakaso:
- BOJ easing having intended impact
- BOJ won’t hesitate to adjust policy if needed
- BOJ to continue easing until 2% inflation is stable
- Japan only half way to reaching 2% price target
- Japan likely to reach 2% inflation in or around FY2015
Nakaso speech
Full text: “Japan’s Economy and Monetary Policy” (Speech at a Meeting with Business Leaders in Shizuoka)