BoJ’s Masai: Not too pessimistic about inflation given tight job market & global recovery

More headlines crossing the wires from the BoJ board member Masai, via Reuters, as he continues to make comments on the BoJ’s monetary policy programme.

Key Points:

“It is true that ultra-easy policy is weighing on bank profits.

Doesn't see signs of excessive risk-taking among financial institutions.

How the BOJ will respond to downside risks to prices will depend on economic and market developments at the time.

Not too pessimistic about inflation given tight job market and global recovery.”