Bank of Japan governor with scheduled speech 21 Oct
- aim to hit 2% inflation target at earliest possible date
- doesn't see any big problem that could destabilise Japan's fin system
Really?
- neg rate policy is weighing on financial institutions profits
- no sign of excessive risk taking or overheating in fin activity
Everyone relax. Mr K says nothing to worry about.
Let's wait n see
Meanwhile USDJPY nudging back up to test 104.00 again
Mr K enjoying feeding the market with more hot air