BOJ needs to persistently continue easing - BOJ's Iwata

Omkar Godbole FXStreet Contributor

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.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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