• any cut in BOJ inflation forecast won't trigger additional easing
  • Japan's economy recovering gradually
  • underlying trend of inflation improving steadily
  • BOJ won't hesitate to adjust policy if needed
  • negative yields show that monetary easing is effective in pushing down borrowing costs
  • do not see signs of irrational expectations in asset markets

Blah de blah de blah. There's a bit more but I'm bored now and saving my fingers for more important stuff as and when

The headline was interesting at least but yen unfazed USDJPY 120.47 capped by continuing yen-pair selling as markets back away from further BOJ easing