Kishida announcing the appointment of ex-health mininster Goto to replace Yamagiwa as economy minister

• picked Goto based on
  his political experience, high presentation skills, passion for
  economic, social reforms
• want Goto to work on
  stimulus package including inflation countermeasures, extra budget
  discussion, macroeconomic policies amid rising uncertainties
• want Goto to play
  central role in compilation, execution of extra budget for stimulus
  package

—

There is little yen impact. It’ll remain on the soft side as long as there is such a stark difference in monetary policy between an uber-loose Bank of Japan and a tightening Federal Reserve.