EX-US Treasury Sec Summers: BOJ commitment to inflation overshoot is step in right direction

Former US Treasury Secretary Summers delivered a speech in Tokyo over the last hour, commenting on the BOJ’s new policy framework introduced at its policy review meeting last month.

Key Headlines via Reuters:

Commitment to overshoot 2 pct inflation is step in right direction

BOJ's overshoot commitment should help inflation expectations, encourage govt borrowing

BOJ's commitment to yield curve target is constructive