BOJ's Ueda reaffirms focus on the outcome of spring wage negotiations

Ueda says that the central bank is eyeing that as well as various other factors at the moment

Want to get confirmation of virtuous cycle of wages and prices strengthening

Considering how they have set things up, it should be more of a formality at this point. At least that is what they are getting markets to believe. If there is no follow through after April, there will be a heavy price to pay for the Japanese yen.