- around FY2015 means it could be a little before or after
- never said BOJ will hit target in exactly 2 years
Looks like Kuroda san trying to wiggle his way out of previous target area comments
- BOJ to adjust policy without hesitation if it becomes difficult to reach 2% target
- no need for extra action if on track to reach 2%
Nothing new in that
USDJPY continues its recovery from 117.30 lows to post 117.56
