Fukui's talk yesterday changed the expectation of rate hike to July again. from March to April, from June to July...

Fukui said that ending the reduction of the current account balance and raising interest rates were separate issues. this is because he knows it will become more difficult to raise rates if the yen continues to strngthen, and equities to weaken, as the markets get too far ahead of actual conditions.

he also said interest rate levels would depend on the bank's assessement of economic activitiy and prices.