• Tension in global financial markets has eased somewhat since last policy meeting
  • BOJ will not buy JGBs for purpose of monetising debt
  • Not true that BOJ responded to govt pressure in today’s action
  • Mindful of worries increased central bank bond buying would distort price formation in markets
  • Wanted to support recovery when Japan economy is showing bright signs
  • BOJ, govt share view on what is deemed as price stability
  • Whether to maintain size of asset buying pool beyond next year depends on economic outlook, but no plan to drop or reduce it
  • Change in wording on prices in BOJ statement does not mean BOJ will guide policy differently
  • Change in wording on prices aimed at clarifying BOJ’s determination to beat deflation

Reuters reporting.