Bank of Japan Deputy Gov. Masayoshi Amamiya on Friday said the central bank is ready to ramp up stimulus and will consider all policy options, including deepening negative interest rates, if the loss of economic momentum hurts its efforts to boost inflation.
Amamiya said the economy remains on track to achieve the central bank's 2 percent inflation goal, as robust capital expenditure offsets some of the weaknesses in exports and output.
But he said the BOJ was mindful of growing risks to the outlook, particularly from overseas, and will be watchful about the resilience of domestic demand to external pressure.