BoJ candidate Iwata: BoJ should double assets to reach 2% inflation
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USD/JPY
FXstreet.com (Barcelona) - Following comments from BOJ Governor Candidate Takenaka, who recently told the WSJ the potential for further Yen depreciation, with 95 in USDJPY seen by many as an ideal rate, this time is former deputy BOJ governor Kazumasa Iwata who spoke in an interview to say: "BOJ should double assets to achieve 2% inflation" as well as "the BOJ should be independent in tools, not policy goals." Yen crosses were given a brief boost on the headline.
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