She says that she will not supply any feedback on the BOJ determination till after the press convention by deputy governor Uchida later.
As a reminder, BOJ governor Ueda wasn’t current at this assembly as he was admitted to the hospital final week right here. As such, Uchida can even be filling in for the BOJ press convention on the backside of the hour.
Anyway, it’s a honest assumption that Katayama was questioned about if the ministry of finance would possibly really feel compelled to behave given the market response to the BOJ determination. USD/JPY continues to commerce above 160.00, in keeping with the place they determined to intervene the final time on the finish of April.
And as a reminder, that additionally got here two days after the BOJ determination on the time.
