Bang on cue with the usual mantra so far
- will watch risks, adjust policy blah blah
- virtuous cycle blah blah
- BOJ easing is having intended effects
- will keep easing until 2% inflation stable
- emerging markets are slowing down
No shocks here as yet
USDJPY 120.85 after 120.93 with good offers into 121.00 still intact
- sees CPI rising to 2% as energy price drop impact fades
Seems to me like there's a lot of central bankers around the globe hoping for the same thing
- ratio of risk assets rising in Japan's household assets
