BOJ’s Maeda says Bank will continue monetary easing

BOJ executive director Maeda is in parliament today

Confimring what Kuroda said earlier today – gonna keep on easing!

No surprise.

More from Maeda:

• medium and long term inflation expectations are emerging from weakness
• Japan’s economy making steady progress towards achieving 2% inflation target
• Maintaining ultra easy policy as inflation is distant from target
• Will make a comprehensive assessment of when to adjust rates

(but didn’t say when would be doing this)