BOJ's Nakagawa: Must maintain ultra-easy policy for time being

Kitco Media
By Reuters
Published:
Updated:
Reuters
FUKUSHIMA, Japan, March 1 (Reuters) - Bank of Japan board member Junko Nakagawa said on Wednesday the central bank must maintain ultra-loose monetary policy for the time being, as the economy has yet to sustainably achieve its 2% inflation target. In a speech delivered to business leaders in Fukushima, Nakagawa also said there was "high uncertainty" on how much companies will raise wages. (Reporting by Leika Kihara Editing by Chang-Ran Kim)

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