• will not stop easing if target not reached in 2015
  • still halfway to the target
  • sees core CPI below 1.5% for some time
  • declines to comment on GPIF
  • expects contraction in Q2 due to sales tax hike
  • see impact of hike receding from summer
  • Japanese economy will continue to recover gradually
  • will check risks, make adjustments as necessary

USDJPY 101.97 on the repeated mantras