BoJ’s Uchida: Will keep a close eye out on moves amid massive market volatility

After creating havoc in the Japanese Yen markets, Bank of Japan (BoJ) Deputy Governor Shinichi Uchida is back on the wires now, via Reuters, commenting on the bank’s next policy move, the recent market volatility and the economic outlook.

Key quotes

Market volatility very large, so will keep a close eye out on moves and their impact on economy, prices.

Real interest rates remain very low and will underpin economy.

Personally think there are now more factors that require being cautious, when asked about the BoJ’s next rate hike timing.

Personally think stock markets will calm down at some point given they reflect corporate earnings, state of Japan's economy.