BoJ Governor Ueda (post-policy presser) says will conduct nimble market operations to respond to irregular moves; will work closely with the government on long-term rates. Operations could be conducted to encourage stable yield formation.

• Does not expect inflation to significantly overshoot latest forecasts.

Governor Ueda's comments on conducting nimble market operations indicate a proactive stance from the BoJ in managing irregular market movements, which suggests they are ready to intervene if necessary to stabilize long-term rates. His expectation that inflation won't significantly overshoot recent forecasts may grant the BoJ some room for policy maneuvering, but the emphasis on close coordination with the government reflects an ongoing commitment to closely monitor the economic landscape. This could have implications for JPY and the yield curve in the near term.