Ex-BOJ deputy governor says easy policy is due to delay in recovery from pandemic slump

• Says BOJ will likely want to achieve strong wage growth first

A bit of a defense of the central bank from its former employee and this just feeds into the ongoing chatter to start the week that the government and BOJ may look to revise their joint statement on policy and the inflation outlook next year. As such, it has helped to pin USD/JPY lower as highlighted earlier here.