BOJ's Wakatabe: need to consider costs, benefits if BOJ wants to ease further

Author: Eamonn Sheridan | Category: Central Banks

Bank of Japan deputy governor Masazumi Wakatabe speaking in parliament

  • Not worried about BOJ incurring losses on bonds held on balance sheet
  • If BOJ needs to ease further, need to consider benefits and costs of policy options
  • February core-core CPI shows price gains still aren't sufficient
  • Lowering inflation target could cause deflationary pressure via currency moves
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