27 May 2015
BOJ's Iwata: We pledged not to end QQE until inflation is stably at 2 pct.
FXStreet (Bali) - Additional headlines from BOJ's Iwata are crossing the Reuters news-feed, noting that the Central Bank has pledged it won't end QQE until inflation is stably at 2 pct.
Key headlines
Growth could slow below potential in fy 2017 due to next sales tax hike
Underlying price trend is steadily rising, no need to change our commitment to price stability
Downward pressure from oil price falls likely to dissipate gradually from latter half of current fiscal year
Timing of achieving 2 pct inflation somewhat delayed from initial projection
Companies were able to pass on rising costs from weak yen to consumers because demand was strong enough
Key headlines
Growth could slow below potential in fy 2017 due to next sales tax hike
Underlying price trend is steadily rising, no need to change our commitment to price stability
Downward pressure from oil price falls likely to dissipate gradually from latter half of current fiscal year
Timing of achieving 2 pct inflation somewhat delayed from initial projection
Companies were able to pass on rising costs from weak yen to consumers because demand was strong enough