Japan’s Abe hopes BOJ to continue its easing policy

FXStreet (Mumbai) - Japan’s Prime Minister Shinzo Abe was on the wires over the last hours, commenting on the BOJ monetary policy outlook as well as on the impact of the recent oil price decline.

Key Quotes:

"Nobody predicted that oil prices would fall so much. We won't be happy if consumer prices shoot up as a result of sharp rises in oil costs."

"What's important is to look at the (GDP) deflator ... I hope the BOJ continues its current stimulus policy" to achieve its 2% inflation target.