Adding to this earlier comments at the post-meeting press conference, the BoJ Governor Haruhiko Kuroda was further noted saying that markets, in general, continue to be somewhat volatile but the FX market is moving in a relatively stable manner.
Additional quotes:
“¢ Closely watching how global stock market moves could affect Japan’s economy.
“¢ Currently, Japan’s economic fundamentals remain solid.
“¢ Wage growth remains sluggish despite tight labour market.
“¢ Inflation expectations not in a position to accelerate ahead.
“¢ The deflationary mindset hasn’t been shaken off completely.
“¢ Positive output gap will help lift prices to 2% target but will take some time.
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