BOJ’s Funo: Must maintain sufficiently low rates for prolonged period

The Bank of Japan (BOJ) monetary policy board member Funo is on the wires now, via Reuters, making some comments on the central bank’s monetary policy outlook.

Key Headlines:

Must maintain sufficiently low rates for prolonged period given prices, inflation expectations not heightening much.

BOJ's policies keeping short-, long-term rates stable at low levels, helping stimulate corporate, household activities.

BOJ forward guidance leaves room for low rates to be maintained beyond spring 2020.