BOJ board member Takako Masai with further comments
- No need to be overly pessimistic on price momentum
- Timeframe to achieve 2% inflation target was removed because it was no good for communication to the market
Pretty much a reiteration of what Kuroda has previously said when it came to the removal of the FY 2019 timeframe for the inflation target. No surprises so far from Masai, as the BOJ tends to speak in unison when it comes to the message they want to send to markets.
