BoJ verbal intervention in play again as USD/JPY toppled 149.37 in New York – by fx_ross BOJ CentralBanks
He also said that responding to short-term fx moves with the monetary policy would heighten uncertainty over BoJ's policy guidance and that it won't be good for Japan's economy.''Inflation starting to rise,'' but he is not convinced yet that the BoJ's target will be achieved in a stable, sustained manner''''Must be cautious about shifting toward monetary tightening as downside risks to japan's economy increasing,'' he said.
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