BOJ's Wakatabe: need to consider costs, benefits if BOJ wants to ease further

Bank of Japan deputy governor Masazumi Wakatabe speaking in parliament

• Not worried about BOJ incurring losses on bonds held on balance sheet
• If BOJ needs to ease further, need to consider benefits and costs of policy options
• February core-core CPI shows price gains still aren't sufficient
• Lowering inflation target could cause deflationary pressure via currency moves