Speaking in Parliament

  • Reversal rate is one idea that helps us understand appropriate shape of yield curve
  • Don't see easy monetary policy hurting Japan's financial system so far.

Meanwhile PM Abe is adding in Parliament:

  • Don't see any need to change 2% inflation target now
  • Hopes BOJ will continue bold monetary easing
  • Don't need to change agreement between BOJ and Government from 2013 on steps to beat deflation.