BOJ’s Iwata: No changes to inflation forecasts needed from temporary fluctuations in oil prices
|The BOJ Deputy Governor Iwata is back on the wires now, via Reuters, adding to his earlier comments on the monetary policy programme and economic outlook.
Key Headlines:
Don't need to change inflation forecasts just from temporary fluctuations in oil prices
See little chance Japan’s economy will worsen but if it does on big external shock, BOJ can top up stimulus
BOJ is buying ETF as part of its QQE programme, not targeting certain stock price level
Oil prices may fluctuate but likely to move up as a trend
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