More fom Bank of Japan Governor Ueda: CPI to slow, easy policy will be maintained

Earlier from Bank of Japan Governor Ueda:

• Bank of Japan Governor Ueda says higher trend inflation likely but it'll take time

And also finance minister Suzuki:

• Japan finance minister Suzuki says FX rate moves are driven by the market, various factors

More from Ueda now, largely going over old ground:

• One of the biggest factors that affect market trust in yen is price stability
• Japan's consumer inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term likely to slow quite clearly in mid- to latter half of current fiscal year
• It's not time yet to debate specific exit strategy including possible sale of BOJ’s holdings of J-REIT
• BOJ BOJ The Bank of Japan (BOJ) is the central bank of Japan. It was established in 1882 and is headquartered in Tokyo.The BOJ's main responsibilities include issuing and managing the country's currency, implementing monetary policy, and ensuring the stability of the financial system. It also acts as a lender of last resort to banks during times of financial crisis. The BOJ sets the interest rate of the country and sets an inflation target, aiming to achieve 2% inflation.The BoO has a long history, with The Bank of Japan (BOJ) is the central bank of Japan. It was established in 1882 and is headquartered in Tokyo.The BOJ's main responsibilities include issuing and managing the country's currency, implementing monetary policy, and ensuring the stability of the financial system. It also acts as a lender of last resort to banks during times of financial crisis. The BOJ sets the interest rate of the country and sets an inflation target, aiming to achieve 2% inflation.The BoO has a long history, with Read this Term is buying J-REIT as part of its massive monetary easing
• BOJ will maintain massive monetary easing as it will take more time to achieve our price target

Remember when we all (OK, not all of us) thought Ueda would be the new broom to sweep away BOJ ultra easy policy?

Yeah ... nah.

The Eazzzzy Bros.