BoJ’s Ueda: Trend inflation heightening, will make appropriate policy decision
Trending Articles- US President Donald Trump says Iran talks to begin Monday after canceling attack
- Gold Price Forecast: Can Gold Still Rise Above $4,300 Ahead of July Non-Farm Payrolls?
- Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets
- Australian Dollar remains calm following Trade Balance data
- WTI holds firm near $77.50 as escalating Middle East tensions threaten oil supply routes
- WTI trades with positive bias below mid-$79.00s on Iran uncertainty, supply concerns
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.
