BOJ needs to persistently continue easing - BOJ's Iwata
|Comments from Bank of Japan's (BOJ) Deputy Governor Iwata are crossing the wires-
- BOJ must continue with powerful monetary easing.
- Yield curve control is the most appropriate policy with the biggest effect, minimal costs.
- BOJ should maintain current policy as long as it is not sure of the effects of other possible options.
- Still some distance from 2 percent inflation target.
- Trying to restore fiscal health could slow growth, make achieving 2 percent inflation target difficult.
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