BoJ’s Nakamura: Premature to tweak monetary policy now as service prices remain low

Bank of Japan (BoJ) Board Member Toyoaki  Nakamura said on Wednesday, it is “premature to tweak monetary policy now as service prices remain low.”

Additional comments

Not sure now is right timing to conduct a review of monetary policy framework.

Once there are brighter prospects on outlook, BoJ can of course discuss policy normalization.

It may take quite some time for japan to achieve wage hikes.