With inflation still very distant from the Bank's inflation target "Raising interest rates is out of the question"
So says Motoshige Itoh, a member of the Japanese government's economic and fiscal policy council.
- "The BOJ can't move
- They should be tenacious
- There's no reason why they should give up"
Itoh comments via Bloomberg, more at the piece here
Hard to argue with the dude really.
