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)

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