BoJ’s Kataoka: Low chance of prices rising towards 2 pct

BoJ board member and the only dissenter Kataoka reiterated that the central bank needs to buy JGBs so yield for the duration of 10 years or longer falls further.

Additional Comments:

BoJ should clarify it will ease further if domestic factors delay achievement of price target.

Low chance of prices rising towards 2 pct.