BoJ’s Kataoka: Low chance of prices rising towards 2 pct

Dhwani Mehta FXStreet

BoJ board member and the only dissenter Kataoka reiterated that the central bank needs to buy JGBs so yield for the duration of 10 years or longer falls further.

Additional Comments:

BoJ should clarify it will ease further if domestic factors delay achievement of price target.

Low chance of prices rising towards 2 pct.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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