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BOJ’s Amamiya: Need to pay attention to downside risk to economy

The Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya is back on the wires now, via Reuters, making some comments on the economy.

Key quotes

“Need to pay attention to downside risk to the economy.”

“Want to quickly launch new scheme to strengthen regional financial system as quickly as possible.”

Earlier today, he said that the BOJ would not hesitate to roll out further easing if necessary.

Market reaction

USD/JPY keeps its range around 104.40 on the above comments, adding 0.14% on the day.

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