BoJ’s Nakagawa: Easy monetary policy is important for the time being, supports economy

Bank of Japan (BoJ) board member Junko Nakagawa is making his scheduled speech on Wednesday, noting that “easy monetary policy is important for the time being, as it supports the economy.

Additional comments

The Bank's decision to widen the band around its yield target has led to a rise in yields, but its merits of improving biond markets outweighs.

Japan's economy is likely to continue to expand above potenail growth.

more to come ...