BoJ’s Wakatabe: Should ease policy further without hesitation if needed

The Bank of Japan (BoJ) Deputy Governor Wakatabe is back on the wires now, via Reuters, making further comments on the monetary policy.

Effects of easing outweighing costs.

Sees no demerits that warrant ending the current easy policy.

Should ease policy further without hesitation if needed.

BoJ has tools left to ease policy if needed.

Whether to ease policy further will depend not just on economic moves but the sustainability of policy, distance to meeting 2pct price goal.