More from Iwata: Maintaining current QQE is most appropriate

BOJ Iwata still talking/repeating

• most appropriate given current risk assessment
• doesn't expect risks to materialize but will adjust mon pol as needed
• still halfway to emerging from deflation which is partly why nominal interest rates remain low
• its a shared understanding among major central banks to accept some delays in hitting price target if it is due to oil price fluctuations

Could be delayed for some time then

• price falls weigh on inflation in short term but work to push up inflation in long run by giving boost to economy

Still nothing new to digest here

USDJPY still 123.07