Comments here.
One remark in particular caught my eye:
No preset plan for rate hikes, will raise interest rates only if economy, prices turn up again, outlooks likely to be realisedBOJ would raise the policy rate this year if economic and price conditions continue to improve.
Ueda seems to be accepting that the economy has taken a turn for the worse ... he'll only hike:
if economy, prices turn up again, outlooks likely to be realisedHe also spoke of trimming tapering plans, see that link above for more.
JPY has dropped, USD/JPY is up nearly a big figure from its earlier low:
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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