BOJ governor Haruhiko Kuroda still commenting in his press conference
- Doesn't see need to overhaul BOJ policy framework
- Doesn't see need to revamp yield curve control (YCC) policy as a whole
If that is his way of trying to prevent yen appreciation today, that is about as weak as it gets in my view. He hasn't given any other firm signals of the BOJ discussing or debating additional easing at this meeting so this is hardly convincing.
