BoJ’s Nagakawa: Prospects of sustainably achieving 2% inflation target gradually heightening

Bank of Japan (BoJ) policy board member Junko Nakagawa is back on the wires on Thursday, via Reuters, expressing his take on the Japanese inflation and economic outlook.

Key quotes

Prospects of sustainably achieving 2% inflation target gradually heightening.

Consumption remains weak in both nominal, real, terms which warrants attention.

It will take until autumn and beyond if we were to wait until smaller firms' wage negotiation outcome.

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