BOJ's easing is having the intended effects
I've left the gaps so you can easily fill in the blanks of what he said next
USDJPY 119.88
Ok, no prizes cos it was far too easy but here's the rest of it
- will check risks and adjust as necessary
- will continue easing until 2% inflation is stable
- timing of reaching target depends on oil prices
- likely to reach target around FY 2016
- exit policy will depend on market, economic conditions
- positive cycle is continuing
- sales tax hike had bigger than expected impact
And yep, USDJPY is still 119.88