Here he comes folks !
- doesn’t expect long term rates to surge anytime soon
- sees no big impact of long-term rates on economy now
- BOJ will alter the frequency and bond-buying terms as needed
Nothing new so far
USD JPY 102.65 EURJPY 132.65
- Real interest rates are probably falling
- no change in 2% inflation goal in 2 years
- employment situation improving but regular pay not improved yet
USD JPY still 102.65