Yes folks, Mr Yawnfest is back up to the rostrum

  • BOJ easing is having intended effect
  • virtuous economic cycle is working
  • will check risks, adjust policy as needed

Blah dee blah dee blah

  • expects consumer prices to reach 2% as oil price impact fades
  • consumer spending is rising in July-Sept vs April-June
  • Japan's exports and imports are slowing
  • expects domestic demand to increase due to positive momentum in corp and household sectors

USDJPY is a tad lower at 118.95 on general USD selling but it's all very slow still

Kuroda checks to see if anyone is still awake