Yes folks he's still going and now into the Q&A
- no change in stance, will ease if necessary to achieve inflation target
- don't look at just core CPI for price trend, look at various indicators
Nothing we don't already know and USDJPY unimpressed at 119.95
- Japan no longer in deflation
- still halfway to meeting 2% inflation target
- not targeting fx rate
- desirable for fx to reflect economic fundamentals
- fx should be determined by the market
- US is recovering steadily
- no chance BOJ will consider cutting excess reserve rate
He's done now.