He's still going
Will not automatically raise rates even if core CPI approaches 1% later this year
Formation of the yield curve has been achieved so far and doesn't think it's becoming hard to achieve from now on
That's as close as we've come to him talking about the yield target and the market is taking it as a signal that the BOJ could tinker with it. Yen pairs are lower on this with USDJPY under 113.00 slightly and GBP & EUY crosses suffering worse.
I should add that as he's now finished jabbering, the market could just be showing some disappointment that they didn't get anything juicy.
