BoJ Governor Ueda says won't change monetary policy just to deal directly with FX moves

Bank of Japan Governor Ueda, more comments from him. This time on the JPY!

• We won't change monetary policy just to deal directly with fx moves
• We might need to change monetary policy if fx moves lead not just to rising import prices, but risk pushing up trend inflation more than expected
• We want the Japanese Government Bond (JGB) market to eventually return to a state where yields are set by market prices
• We are now observing how the markets absorb the March policy shift, after which we hope to begin reducing the size of our JGB buying

Earlier from the Gov:

• BoJ Ueda anticipates accommodative financial conditions will be maintained for time being
• More from BOJ's Ueda - wanted to move before trend inflation hit 2%