Further comments by vice finance minister, Shigeaki Okamoto
- BOJ has many policy tools at its disposal
- Says that sudden forex moves are undesirable
The hidden message here is that he means that the BOJ can also choose to ease further if need be and they still have the necessary policy tools to do so. Although, such a situation would be undesirable and despite what is said here the BOJ will have long discussions with the MOF and Abe before announcing such moves if their hand is forced.
