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MNI: BOJ To Carefully Mull Exit - Dep Gov Himino

(MNI) Tokyo
(MNI) TOKYO

The BOJ will carefully consider its easy policy settings, while the financial sector will eventually benefit from higher yields, according to Deputy Governor Ryozo Himino.

The Bank of Japan must carefully consider the timing of any exit to easy policy and monitor the evolution of wages and prices, said BOJ Deputy Governor Ryozo Himino on Wednesday.

Achieving the bank’s 2% price stability target in a sustainable and stable fashion will require “walking a fine line in which inflation decreases, but not too far,” he told business leaders in Oita City.

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The Bank of Japan must carefully consider the timing of any exit to easy policy and monitor the evolution of wages and prices, said BOJ Deputy Governor Ryozo Himino on Wednesday.

Achieving the bank’s 2% price stability target in a sustainable and stable fashion will require “walking a fine line in which inflation decreases, but not too far,” he told business leaders in Oita City.

Keep reading...Show less