BOJ’s Nakamura: Will continue to ease monetary policy to assist the economy

Bank of Japan (BOJ) Koji Nakamura, head of the central bank division overseeing monetary policy drafting, said Monday that the BOJ will continue to ease monetary policy to assist the economy.”

Separately, Japan’s Finance Minister Shunichi Suzuki said that he told the G8 meeting that it was critical to reaffirm the FX agreement.

Additional takeaways

Yield curve control is part of monetary easing.

YCC is to help meet inflation target.

Expects the Bank of Japan to make efforts to attain sustainable price objective.