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BOJ deputy gov Wakatabe says CPI shows price pressure insufficient

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Reuters TOKYO
Last Updated : Mar 23 2018 | 7:20 AM IST

TOKYO (Reuters) - Bank of Japan Deputy Governor Masazumi Wakatabe said on Friday that data released earlier on consumer prices for February showed inflationary pressure is insufficient.

Wakatabe, speaking in the lower house, said it was important for the BOJ to anchor inflation expectations.

Wakatabe said he wanted to maintain the current policy regime and strengthen it if possible to meet the central bank's 2 percent price target.

(Reporting by Stanley White)

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First Published: Mar 23 2018 | 7:02 AM IST

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