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8 Sep 2016
BOJ's Nakaso: There is no plan to abandon 2% price target
Bank of Japan (BOJ) deputy governor is back on the wires now, via Reuters, addressing the Q & A session that followed his scheduled speech.
Key Quotes:
“Comprehensive review will not lead to reduction in monetary easing”
“BOJ won't conduct policy to affect fx”
“BOJ is conducting policy in line with G7/G20 agreement”
“Trading to affect fx rates falls under jurisdiction of MOF”
“Does not see big meaning of debating whether to ditch BOJ's 2-year time frame for hitting inflation goal”