A Bank of Japan board member said on Wednesday the central bank would ease polic...
TOKYO - A Bank of Japan board member said on Wednesday the central bank would ease policy further without hesitation if momentum for hitting its 2% inflation target was lost, adding that she was concerned about mounting risks from overseas economies.
“I intend to continue to conduct monetary policy appropriately toward achieving the price stability target while considering all conceivable adverse and positive effects from every angle.” At its subsequent policy review last week, the central bank stood pat but signaled the chance of expanding stimulus as early as its next policy meeting in October by issuing a stronger warning against overseas risks.
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