BOJ’s Amamiya calls for vigilance towards side effects of ultra-easy policy

SHIMONOSEKI, Japan (Reuters) – Bank of Japan Deputy Governor Masayoshi Amamiya said on Thursday the central bank must seek to contain the side effects of its policy to maintain its current “powerful” monetary easing for a prolonged period.

“Japan’s economy is highly likely to continue expanding as a trend,” Amamiya said in a speech to business leaders in Shimonoseki, western Japan.

“But we need to be mindful that risks to our baseline scenario are heightening, mainly regarding those to overseas economic developments,” he added.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.