- BOJ member Shirai dissented on inflation expectations saying there were in long-term uptrend
- BOJ member Kiuchi proposed easing as intensive measure for 2 years, and BOJ aim to reach 2% in mid-long term
- defeated by vote of 8-1
- BOJ sees economy recovering moderately
- will examine risks and make policy adjustments as needed
- impact of sales tax expected to wane gradually
- business sentiment has stayed at favourable level
- improvement in corp sentiment has paused due to sales tax
No change in the rhetoric here but the recent perceived change in position on CPI target time now notable
USDJPY a tad lower at 108.74 in general USD selling move
