BOJ Deputy Governor Hirohide Yamaguchi said the central bank will not rule out further easing if risks in Europe materialize and exert strong downward pressure on Japan’s economy.
But he signaled that Japan will likely achieve the BOJ’s 1 percent inflation target without further monetary easing steps, saying the bank’s stimulus measures in February and April have heightened the chance the economy will resume a recovery.
via BOJ signals has done enough for now; calls for government steps | Reuters.
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