BOJ: Won't hesitate to ease if there is risk economy could lose momentum to hit price goal
|Reuters reports the following headlines following the Bank of Japan’s (BOJ) announcement.
BOJ maintains a pledge to ease policy without hesitation if there is risk economy could lose momentum to hit price goal.
Japan’s economy expanding moderately as a trend, keeps view unchanged.
Need to pay closer attention to chance momentum to hit price goal will be lost.
Will re-examine economic, price developments at next policy meeting when it updates forecasts.
Kataoka says desirable to strengthen monetary easing by lowering short term interest rates.
Kataoka says possibility of year-year rate of change in CPI increasing towards 2% going forward was low at this point.
USD/JPY continues to defend the 108 handle, as the BOJ offers no surprises.
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