BOJ’s Funo: Structural reforms needed as monetary easing cannot alone accelerate inflation

Reuters out with additional headlines from the BOJ board member Funo, this time calling for reforms to help achieve 2% price target.

Key Points:

Structural reforms needed as monetary easing cannot alone accelerate inflation

Powerful easing program to be maintained

Aging population means demand outlook for goods and services will slacken

Looks to private sector and government policy to help create sustainable inflation

Also read: BOJ’s Funo: Important to continue powerful easing to hit price target