More fom Bank of Japan Governor Ueda: CPI to slow, easy policy will be maintained

Earlier from Bank of Japan Governor Ueda:

• Bank of Japan Governor Ueda says higher trend inflation likely but it'll take time

And also finance minister Suzuki:

• Japan finance minister Suzuki says FX rate moves are driven by the market, various factors

More from Ueda now, largely going over old ground:

• One of the biggest factors that affect market trust in yen is price stability
• Japan's consumer inflation likely to slow quite clearly in mid- to latter half of current fiscal year
• It's not time yet to debate specific exit strategy including possible sale of BOJ’s holdings of J-REIT
• BOJ is buying J-REIT as part of its massive monetary easing
• BOJ will maintain massive monetary easing as it will take more time to achieve our price target

Remember when we all (OK, not all of us) thought Ueda would be the new broom to sweep away BOJ ultra easy policy?

Yeah ... nah.

The Eazzzzy Bros.