Iwata says deflation easing but no policy move yet

Bank of Japan Deputy Governor Kazumasa Iwata said on Tuesday 18 October that although the economy is emerging from deflation, the BOJ will maintain its ultra-loose monetary policy for now.

"As a trend, year-on-year rises in the CPI (consumer price index) will move higher," he told a parliamentary committee.

"As the consumer price index is still slightly negative year-on-year, we will maintain loose monetary policy under our commitment, thereby supporting stable prices and continued economic gro

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: