TOKYO, March 2 (Reuters) - Bank of Japan (BOJ) board
member Hajime Takata said on Thursday the central bank must
"patiently" maintain ultra-loose monetary policy, as the economy
has yet to foresee inflation sustainably hitting its 2% target
backed by wage hikes.
In a speech, Takata also said the BOJ will scrutinise market
developments to ensure bond yield moves are stable, and take
into account the impact on market function in guiding monetary
policy.
(Reporting by Leika Kihara; Editing by Christian Schmollinger)
Messaging: leika.kihara.reuters.com@reuters.net))
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