Bank of Japan Governor Ueda says if inflation moves as expected, will adjsut policy

Bank of Japan Governor Ueda comments crossing:

• If
  underlying inflation moves as we project, we will adjust degree of
  monetary support
• If
  our economic, price projections and assessment of risks change, that
  will also be reason to change interest rate levels
• Our
  policy goal is price stability, so won’t guide policy to fund fiscal
  spending
• Our basic stance is to allow the market to set long-term interest rates
• We have maintained the current pace of Japanese Government Bond buying to avoid big discontinuity in bind buying operations
• We are ready to conduct nimble market operations if there are sharp rises in long-term rates

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