BOJ board member Ishida speaking in Fukuoka

  • Japan's labour market tightening
  • Should look at price trend stripping away effect of energy costs
  • Hard to measure inflation expectations
  • Shouldn't worry too much about negative impact of oil price falls
  • Expect overseas economic growth to gradually heighten ahead
  • Expect economy to expand moderately as a trend
  • Expect capex to continue increasing moderately
  • Exports may undershoot expectations due to expected slowdown in emerging market growth

Not sounding like a dude who wants tt further ease policy any time soon

More:

  • Must be mindful of risk that global market turbulence, if persists, may affect household, business sentiment
  • Chinese authorities likely have sufficient room to deploy fiscal, monetary stimulus steps
  • BOJ will maintain accomodative monetary environment so corporate profits lead to higher wages, increase in consumption

More again:

  • US will delay raising rates if economy is weak
  • Drop in oil prices overall a large positive
  • No need to worry overly about drop in oil prices
  • Prices will approach 2% in fiscal 2017