The Deputy Governor of the Bank of Japan (BOJ), Masayoshi Amamiya, has made statements collected by Reuters, offering some optimistic comments on the economy and the prospects for monetary policy.
The BOJ is trying to create a positive business cycle.
It is important to create an environment where interest rates can rise.
The BOJ will weigh the benefits and costs of your policy.
Monetary policies necessarily change over time, but they must be within and in line with their mandate.
The Bank of Japan and the government must work closely together when they are under severe impact.
The BOJ will not link its policy directly to that of the government.
The entity is willing to consider additional flexibility measures depending on economic conditions.
The BOJ still has means to increase facilities, such as rate cuts and corporate financing schemes.
more to come …