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BOJ's Takata: No need now to take more steps vs market distortion

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TOKYO : Bank of Japan (BOJ) board member Hajime Takata said on Thursday he did not see a need now to take additional steps to iron out market distortion caused by the bank's massive bond-buying.But he told a news conference the BOJ must 'always' scrutinise side-effects of prolonged monetary easing and sta

TOKYO : Bank of Japan board member Hajime Takata said on Thursday he did not see a need now to take additional steps to iron out market distortion caused by the bank's massive bond-buying.

But he told a news conference the BOJ must"always" scrutinise side-effects of prolonged monetary easing and stand ready to respond as needed.

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