Remarks by BOJ board member, Seiji Adachi

  • Decision reflected outcome of March review
  • Can't think of any new tools to fire up inflation
  • BOJ must patiently sustain current monetary policy
  • May need to respond if expectation or actual Fed tapering triggers yen spike

Some token remarks there by Adachi but it just reaffirms that they aren't going to be as aggressive in snapping up ETFs as they did last year.