- decline in demand after sales tax hike to fade
Zzzzzzzzzzzzzz
The presser has started but I’m not expecting anything of note although USDJPY having another little Nikkei-based wobble down to 101.58
- BOJ sees weakness in exopirts and construction
- expect exports to return to a gradual recovery
- see positviv cycle in households, corp sector
- will check risks, make adjustments as necessary
- will continue with QQ3 as long as necessary to achieve 2% price target in a stable manner
- CPI likely to hit 2% around middle of forecast period between FY 2014-2016
