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25.05.2017, 06:37

BoJ's Sakurai: BoJ may need to consider additional steps if timing for hitting price goal is delayed from what is forecast in april outlook report

  • Don't need to take additional easing steps to achieve inflation target earlier than what is forecast in april outlook report

  • Must ensure boj communicates well with markets to alleviate any worries about future exit from stimulus programme

  • Believe it would be fine to maintain for now boj's pledge to increase its bond holdings by around 80 trln yen per year

  • It is true boj's recent bond buying pace somewhat slower compared with its 80-trln-yen pledge

  • Fiscal consolidation is an important long-term goal

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