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Bank of Japan Deputy Governor Himino:

• 
  BOJ will patiently maintain easy policy until sustained, stable
  achievement of price target is in sight
• Japan's financial
  system is likely resilient enough to weather stress from transition
  to higher interest rates

• 
  If we do not get the timing exit procedures wrong, the impact of a
  positive wage-inflation cycle will likely benefit wide range of
  households, companies

• 
  Must make appropriate decision on exit timing, procedure by
  scrutinising wage, inflation developments
• 
  BOJ must achieve
  situation where inflation slows ahead, but not too much

• 
  Japan is seeing steadily changes in price, wage behaviour

• 
  Solid progress is observed in the transformation of firms' wage- and
  price-setting behaviour
• 
  price rises beginning to affect
  wages
• 
  pass-through from wages to inflation is also returning
  somewhat
• 
  without virtuous cycle between wages and prices, japan
  will most likely revert to the deflationary state in the past

• 
  When Japan returns to an economy with positive interest rate, that
  could improve households' balance as a whole

• 
  If inflation expectations have heightened, that would mean impact of
  rise in real interest rate could be smaller than that of nominal rate

USD/JPY is little changed around 147.25