BoJ Deputy Governor Uchida (post-policy press conference) says the primary difference between April and June is the reduced risk on the economy

Today's decision took into account the risk of having to raise rates by a large margin if policy adjustment is delayed. Not thinking about changing the pace of ETF offloading. No comment on day-to-day market moves. Pace of JGB purchases could change depending on the readiness of market participants to replace the BoJ as the major buyer. Not thinking that rate hike and bond policy are contradictory. No proposal to hike rates by 50bps.