BOJ must be mindful of need for sustainable policy -April mtg summary

© Reuters. FILE PHOTO: A businessman walks near the Bank of Japan headquarters in Tokyo, Japan, Feb. 15, 2016. REUTERS/Thomas Peter

TOKYO (Reuters) – The Bank of Japan must be mindful of the need to make its ultra-loose monetary policy sustainable if inflation remains short of its 2% target for a prolonged period, a summary of opinions quoted one board member as saying at the bank’s April policy meeting.

Japan’s consumer inflation may move around 2% for the time being, but won’t exceed that level sustainably given weak consumer spending, according to another opinion quoted in the summary that was released on Thursday.