BOJ’s Kataoka: Central bank must ramp up bond buying

The Bank of Japan (BOJ) board member Goushi Kataoka is back on the wires now, via Reuters, noting that the Japanese central bank must ramp up bond buying for the purpose of pushing down short-, long-term rates.

Additional quotes

“Govt, BOJ must communicate sufficiently in guiding policy.”

“BOJ’s role is to take steps to achieve 2% inflation at the earliest date possible.”

“Given economic developments, personally see need to take bolder steps on monetary policy.”