BoJ Gov Ueda comments on challenges of prolonged deflation, low inflation

Bank of Japan Governor Ueda:

• Japan’s prolonged deflation, low inflation made it difficult to
  affect public’s inflation expectations via expansion of monetary base

Earlier:

• BoJ Governor Ueda says won’t change monetary policy just to deal directly with FX moves
• BoJ Ueda anticipates accommodative financial conditions will be maintained for time being
• More from BOJ’s Ueda – wanted to move before trend inflation hit 2%

This article was written by Eamonn Sheridan at www.forexlive.com. Source