Japan economy minister Ishihara, having inherited the old phrasebook from Amari, comments crossing the wires:

  • Want BOJ to continue to work toward meeting price target
  • BOJ's adoption of negative rates was important decision for price target
  • Falling long term rates are positive for capex, housing
  • Monetary policy is BOJ's responsibility

  • Will need more time to monitor impact of boj's negative rate policy

Amari figures if he can't see you, you can't see him. He is gone.

And here is the new guy.