KOCHI, Japan (Reuters) - Bank of Japan board member Junko Nakagawa said on Thursday the central bank must maintain ultra-loose monetary policy for the time being.
"We're seeing some positive developments in Japan's economy with signs of change in corporate price and wage-setting behaviour," Nakagawa said in a speech to business leaders in the city of Kochi.
"But we're not at a stage where we can judge that Japan has achieved our price target in a stable, sustainable fashion," she said.
(Reporting by Leika Kihara; Editing by Tom Hogue)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 169.2 JPY | +0.35% | +1.84% | - | ||
| 156.4 JPY | +0.11% | +1.42% | - | ||
| 196.7 JPY | +0.23% | +1.56% | - | ||
| 94.36 JPY | +0.29% | +1.87% | - | ||
| 103.6 JPY | +0.29% | +1.43% | - | ||
| 114.7 JPY | +0.30% | +1.65% | - | ||
| 1.874 JPY | +0.13% | +1.57% | - | ||
| 2,731 PTS | +0.25% | -0.56% | - | ||
Ms. Junko Nakagawa is a Chaireman at Nomura Asset Management Co., Ltd. and an Executive Officer & Head-Asset Management at Nomura Holdings, Inc. Ms. Nakagawa was previously employed as a Financial Officer & Executive Managing Director by Nomura Securities Co., Ltd. and an Outside Director by The Nomura Trust & Banking Co., Ltd.
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