Japanese policymakers seem to be talking down the yen Japanese policymakers seem to be talking down the yen. PM Abe talked about the importance of maintaining expansionary 'Abenomics' policies, and this was complemented by BoJ Governor Kuroda saying that a weaker yen wouldn't be a "big negative" for the economy, although he added that monetary policy is not being aimed at influencing FX rates. Kuroda also said that MoF intervention in currency markets remained a possibility if things got disorderly. Kuroda is perhaps being mindful of trading partners in downplaying his soft currency remark, but actions speak louder than words. A Reuters survey of market analysts this week found a unanimous expectation for the BoJ to ease policy further in Q4 this year.