BoJ Governor Ueda says shared with G7 that should be highly committed to price stability

Bank of Japan Governor Ueda:

• Shared with G7 that we should be highly committed with price stability

Yeah, right. As if anyone amongst the G7 is going to say they are not committed to price stability.

More interestingly from Ueda:

• Won’t comment on interest rate situation, will closely monitor market

Yesterday we had a Bank of Japan Board member giving us the heads up that the Bank won't intervening in the Japanese Government Bond market unless the you-know-what really hits the fan:

• BOJ Noguchi says Bank should only ramp up bond purchases during “severe market disruption”