BOJ’s Amamiya expects 2% inflation target around FY 2018

Bank of Japan executive director Amamiya speaking in parliament 12 May
– still a long way to go to achieve 2% target
Echoing recent comments from Kuroda
– should carefully study effects and side-effects of easing
USDJPY suitably unfazed at 113.74 as it continues to trade 113.50-114.00