BoJ’s Uchida: Will continue monetary easing in order to achieve price stability target sustainably and stably

New Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Wednesday, the central bank “will continue monetary easing in order to achieve price stability target sustainably and stably.”

Additional quotes

Japan's financial system is stable as a whole.

Japanese financial institutions have ample capital and fund-raising basis even under global tightening and various stress stemming from it.

Impacts are limited from heightening uncertainty over global financial system following western banking jitters.

Impacts are limited on Japanese financial institutions.

Japan's economy picking up and continue to recover ahead.

CPI gains will narrow towards the middle of this fiscal year due to govt steps to curb energy costs an reduction in effects from transferring costs.

Aiming to achieve price stability target involving wage rises.