BoJ Deputy Governor Himino says takes some time for policy to have an impact on the economy

Says: Pass-through from oil prices to downstream goods has progressed somewhat rapidly. Recent easing of Middle East tensions doesn't deviate much from their April outlook. Accommodative conditions are expected to continue. Risks of price overshoot could materialise if there is a delay in the necessary adjustment in the degree of monetary easing.  Will closely monitor impacts that raising policy interest rates may have on businesses and households.