BOJ's Kataoka: Japan still a long way from end to ultra-easy policy

Further comments by BOJ board member Kataoka

  • Watching carefully the risk of prolonged low-rate environment
  • Any additional easing will use three tools
  • Namely interest rates, quality of asset purchases, and quantity of asset purchases

He made some comments earlier in the day here as well. Just be mindful that Kataoka is a perennial dissenter in the BOJ board as he has been calling for the central bank to step up easing measures since just about forever now. Hence, take his dovish comments on easing with a pinch of salt.

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