Japan's PM Abe with a presser following his govt re-shuffle 3 Aug 2016
- priority for new govt is the economy
Not to mention trying to reclaim a morsel of credibility
- trusts Kuroda as BOJ gov
- specific monetary steps up to BOJ to decide
- will do utmost to defeat deflation
- there's no limit to BOJ mon policy
Methinks the market thinks different. I definitely do and I've said a few times here that CBs are running out of options.
