No specific prediction on how BOJ can judge sustained achievement of price goal - Himino ...Middle East

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The BOJ is in a race up against the clock right now but perhaps that might not matter too much. As noted in yesterday's post here, policymakers will still spin the narrative to however they want and not what might make sense to you or me."For now, both the headline and core reading is still keeping above the 2% mark but if they are slowing down, how will Ueda & co. position themselves to argue that such a trend can be identified as "sustainable" when it previously was not when moving higher? "At the end of the day, it's not about what makes sense anyway. It's all about what central banks want to believe and as market players, we all just have to listen. That's the unfortunate reality of trad

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