Reuters article recap of BOJ’s Sato’s speech

By: Eamonn Sheridan

Recent yen declines have buoyed Japanese equities and may help spur price rises driven by economic growth Will continue to seek ways to indirectly affect exchange-rates through monetary policy. Sato dismissed calls for the BOJ to buy more risky assets, warning that doing so could expose its balance sheet to huge losses and hurt market confidence in the yen. More here: BOJ's Sato says to seek ways to indirectly affect yen moves