More from Harada: BOJ is buying ETFs to stimulate economy, achieve 2% inflation

BOJ board member into a Q&A session 29 June

• BOJ could reduce ETF purchases stop buying if inflation hits 2%
• inflation hasn't approached near enough 2% target to say when the ETF reduced buying might begin
• it's true sales tax hike is negative for BOJ's efforts to stimulate economy, narrow output gap and accelerate inflation expectations

USDJPY testing decent resistance/sell interest at 112.50 as I type. If that area breaks expect some stops to be triggered.

Harada -ETF buying will be reduced when 25 inflation reached