Preview of the release was here

  • BOJ members said CPI is likely to turn positive
  • Expect Japan economy to recover moderately
  • A few members continued to hold cautious views on prices
  • A few BOJ members said CPI rise might come to a pause after summer
  • Easing functioning to support companies, households

Little impact on USD/JPY from this release or from the Machine orders data (which came in better than expected, though still negative m/m)