Bank of Japan (BOJ) board member Suzuki on Thursday ruled out immediate expansion of stimulus as the economy is sustaining momentum to achieve the 2 percent inflation target.
Key quotes (Source: Reuters)
BOJ must be ready to ease more if momentum for hitting price goal threatened.
Absolutely no need to ease policy now as momentum for hitting price goal sustained.
BOJ has various tools available if it were to ease.
What’s important is long-term price trend, not short-term fluctuations in prices.
If BOJ were to ease more, demerits of doing so could exceed the merits so need cautious debate on taking such action.
Don’t see need now to review way BOJ buys ETFs.
BOJ’s ETF buying not something it can keep doing forever.
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