BOJ's Morimoto: will carefully scrutinise costs, benefits of options

KOCHI, Japan Wed Feb 20, 2013 12:45am EST

KOCHI, Japan Feb 20 (Reuters) - Bank of Japan board member Yoshihisa Morimoto said on Wednesday the central bank will carefully scrutinise the costs and benefits of various policy options, including buying longer dated Japanese government bonds, in conducting monetary policy.

He also said the central bank's board members generally see upside and downside risks to Japan's economy as roughly balanced.

Morimoto made the comments in a news conference after meeting business leaders in Kochi, western Japan.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.