- private consumption has remained resilient as a trend
BOJ gov on the wires
- virtuous cycle clearly continuing to work
- BOJ easing is having intended effects
- 2% target can be reached around 2015
- will continue easing until 2% inflation is stable
- won’t hesitate to adjust policy as needed
Yada yada
Coming out at the same time is a Jiji poll showing support for Abe & Co falling 2.8% to 47.9%
USDJPY still 106.19
Kuroda- Keep awake at the back of the room please
