BOJ's Tamura: Must maintain ultra-easy policy for now

Kitco Media
By Reuters
Published:
Updated:
Reuters
TOKYO, Feb 22 (Reuters) - Bank of Japan (BOJ) board member Naoki Tamura said on Wednesday the central bank must maintain its ultra-loose monetary policy for now to scrutinise whether higher wage growth will accompany the recent rise in inflation. But in a speech he said that the central bank must conduct an assessment at some point of its monetary policy framework, and the feasibility of its 2% inflation target, by weighing the benefits of costs of the ultra-loose policy. (Reporting by Leika Kihara; Editing by Muralikumar Anantharaman)

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