BOJ: Won't hesitate to ease if there is risk economy could lose momentum to hit price goal

Reuters reports the following headlines following the Bank of Japan’s (BOJ) announcement.

BOJ maintains a pledge to ease policy without hesitation if there is risk economy could lose momentum to hit price goal.

Japan’s economy expanding moderately as a trend, keeps view unchanged.

Kataoka says desirable to strengthen monetary easing by lowering short term interest rates.

Kataoka says possibility of year-year rate of change in CPI increasing towards 2% going forward was low at this point.

USD/JPY  continues to defend the 108 handle, as the BOJ offers no surprises.