Bank of Japan easing policy is having its intended effect
- Need to continue with easing to hit the 2% inflation target
- Further easing would be needed if inflation loses momentum
- The unemployment rate needs to fall further to achieve 2% inflation target
Harada sticking to the BOj approved line. There will be no exit from their extraordinarily accommodative monetary policy for the time being according to Mr. H here. Might even bump it up if needed!