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Tokyo inflation surprised us on Friday, rising to 0.9% in July, from 0.6% in June.
In his second confirmation hearing, Governor Kuroda continued his dance with markets, dialling down the exit talk.
Japan's headline inflation will be volatile for the rest of the year, thanks to movements in the noncore elements.
The BoJ yesterday published its semi-annual Financial System Report, which often gives insights into the longer-term thinking driving BoJ policy.
The PBoC has left rates unchanged, so far, in the wake of the Fed hike.
Governor Kuroda has sounded increasingly dovish recently.
For more than two years, the BoJ has fretted, in the outlook for economic activity and prices, that "there are items for which prices are not particularly responsive to the output gap."
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