BoJ Dep Gov Nominee Amamiya: Must prevent a too early change in policy direction

Masayoshi Amamiya (popularly known as Mr.BoJ) is on the wires now, via Reuters, speaking at the BoJ Deputy Governor confirmation hearing.

Key Headlines:

Japan's economy is steadily making progress towards hitting price target.

Must prevent a too early change in policy direction.

Various challenges still loom for the BOJ.

Such as examining effect and cost of massive stimulus and future chance of an exit from easing policy.

BOJ task is to mull policy effects, side-effects, and easing policy exit.