I thought I saw a similar piece right after the July meeting, which set a few changes in place.
Anyway, ex of the BOJ Takashi Kozu saying the same sort of thing, chill out on changes, nothing happening for a while to come
- "It will take time for the BOJ's next policy step given the need for a consensus from the nine board members"
- "The BOJ has reached a limit to the ambiguous rhetoric used in July, which can't be repeated anymore. The next move will have to be explained based on fundamentals."
Yeah, OK then, apart from the link if you want more there wouldn't seem to be else to say.
End of post.
