BoJ Ueda will adjust monetary easing if our economy price outlook is likely to be achieved

Bank of Japan Governor Ueda again:

  • Closely watch how market move affect price, economy outlook
  • No change to our
    stance that we would adjust degree of monetary easing if our economy
    price outlook is likely to be achieved
  • Will continue to
    work coordinate with govt
  • BOJ ready to
    scrutinise how market moves affect our economic, price outlook and
    our view on risks, likelihood of developments moving in line with our
    forecasts

Ueda was asked whether normalisation
of monetary policy was too slow:

  • replied that the BOJ’s policy steps were appropriate.

Earlier:

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