BOJ's Wakatabe: Will strengthen current policy framework if possible to achieve price target

Omkar Godbole FXStreet Contributor

Comments from Bank of Japan (BOJ) Deputy Governor Wakatabe are crossing the wires via Reuters:

Want to keep current policy framework and strengthen it if possible to meet 2 pct inflation target.
Not worried about BOJ incurring losses on bonds held on balance sheet.
If BOJ needs to ease further, need to consider benefits and costs of policy options.
Feb core-core CPI shows price gains still aren't sufficient.

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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