BOJ board member Suzuki optimistic on consumption and economy, nods to Omicron risks - ForexLive

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Bank of Japan monetary policy board member Suzuki speaking. 

Headlines via Reuters:

•  Japan's financial system stable as a whole
• must be vigilant to risk credit costs may rise on delay in economic recovery
• BOJ will continue to seek scope for further improvements in monetary policy with eye on effects, costs of stimulus
• my view is that we must be vigilant to accumulating side-effects of monetary easing
• BOJ will strive to conduct monetary policy according to its two mandates, which is achieving price and financial system stability
• Japan's economy sustaining recovery trend
• consumption showing signs of picking up
• spread of new covid variant could hurt consumption, economy
• must be mindful risk impact of supply constraints could widen, be prolonged
• Japan's economy may undershoot expectations further if impact of supply constraint is bigger, longer than expected
•  Japan's corporate funding loose as a whole but uncertainty remains on economic outlook due to spread of new covid variant
• BOJ must continue to scrutinise impact of pandemic for time being
• BOJ will continue to support corporate funding under pandemic-relief programmes
• BOJ ready to take additional easing steps as needed with eye on pandemic's impact on economy

Once again, nothing at all here to indicate any prospect of a near-term change in BOJ policy. 

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BOJ board member Suzuki optimistic on consumption and economy, nods to Omicron risks - ForexLive
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