BOJ's Noguchi: A reduction in monetary easing is not an option for Japan

“A reduction in monetary easing as seen in other central banks won't be an option for Japan,” the Bank of Japan (BOJ) monetary policy board member Asahi Noguchi said in a statement on Thursday.

Additional headlines

2% inflation target has been a high hurdle to achieve as it takes longer to meet than expected.

Still thinks it's possible to achieve 2% inflation target.

Policy mix of fiscal and monetary policies has achieved a certain success.

Expect to take a long time to achieve 2% inflation target, what's most important is to patiently continue current monetary easing.”