BoJ’s Ueda: Trend inflation heightening, will make appropriate policy decision
Trending Articles- Gold Price Forecast: U.S.-Iran Negotiations Face Uncertainties, Gold May Fall Below $4,400
- Gold declines to near $4,500 as renewed US‑Iran tensions, Fed tightening bets weigh
- Gold Falls Below $4,400 for First Time in Two Months. Institutions Lower Gold Price Forecasts as Market Expects PCE to Approach 4%
- Bitcoin loses $73,000 as US-Iran escalation, ETF outflows deepen crypto market sell-off
- Forex Today: Yet to be confirmed US-Iran MOU caps US Dollar's upside
- Gold edges higher above $4,550 on US-Iran peace optimism
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that “Japan's trend inflation heightening, will make appropriate monetary policy decision.”
Additional quotes
Service prices continue to rise moderately.
Expect positive cycle to strengthen in which tight labor market leads to higher wages, household income.
Desirable for FX to move stably reflecting fundamentals.
Won't comment on FX levels.
FX rates move on various factors.
Desirable for FX to move stably reflecting fundamentals.
A 1% rise in interest rates will lead to 40 trln yen worth of valuation loss on BoJ’s JGB holdings.
Market reaction
USD/JPY was last seen trading at 150.31, almost unchanged on the day.
Read more
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
