Sources: Stronger yen, not inflation, will trigger BOJ easing - RTRS

Reuters quotes sources familiar with the BOJ on Tuesday, citing that the Japanese central bank would cut rates further into negative territory to stem any sharp appreciation in the yen, rather than to push up inflationary pressures.

One of the sources noted, "If the excessive yen rises hurt the economy, the BOJ won't hesitate to ease."  

"What's important is to sustain the economy's momentum to hit 2 percent inflation," added another source referring to the bank’s price target.