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BOJ's Iwata says monetary policy will not be decided by any single price data

From news.forexlive.com

BOJ dep gov on the wires speaking in Okayama following an earlier speech • won't decide policy just on CPI ex energy • hard to say now how another sales tax hike ( expected in April 2017) could affect Japan's economic policy but sees some uncertainty • households are accepting some higher prices • will guide mon pol to avoid stagnation, which is when job growth, wages, don't rise even as inflation accelerates Nothing we didn't already know Eamonn had earlier comments from Iwata here USDJPY 123.07with Nikkei currently down -0.23% at 19,965.69 (full story)

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