Senior Japan official tries to water down BOJ’s Uchida’s comments yesterday

Japan Chief Cabinet Secretary Hayashi:

• Up to BOJ to decide
  monetary policy details
• BOJ Deputy Gov
  Uchida’s
• Comments on monetary
  policy yesterday are same as Bank of Japan Governor Ueda made at last
  policy meeting
• Expect BOJ to
  cooperate govt closely and conduct appropriate monetary policy toward
  price target

—

ICYMI, Uchida on Thursday:

• Bank of Japan Uchida says does not expect very easy policy to change in a big way

• BOJ’s Uchida: Future rate path depends on economic, price developments at the time
• BOJ’s Uchida: I won’t make any assessment on market perceptions of future rate path

This article was written by Eamonn Sheridan at www.forexlive.com. Source