Bank of Japan deputy governor Iwata
- Still some distance from 2 pct inflation target
- BOJ must continue with powerful monetary easing
- Trying to restore fiscal health too hastily may slow growth, make achievement of 2 pct inflation difficult
- BOJ's yield curve control is most appropriate policy with biggest effect, minimal costs
BOJ should maintain current policy as long as it's not sure of the effects of other possible options
Govt steps, as well as boj's appropriate policy, needed to achieve price target, sustainable growth
more to come
