BoJ’s Ueda: Trend inflation heightening, will make appropriate policy decision
Trending Articles- Gold Price Forecast: Gold Poised to Break $4,200 as Oil Price Slump Eases Inflation Fears
- Gold Price Forecast: Oil Price Breaking $100 Fuels Inflation Concerns, Will Gold Prices Fall Further?
- Middle East War updates: US-Iran pause strikes as Trump weighs up diplomatic options
- WTI climbs above $87.00 as Middle East conflict threatens key choke points
- Today’s Market Recap: Oil Breaks $100, Fueling Inflation Fears, as AI Capex Faces Scrutiny and Tesla’s 14% Plunge Drags Down Tech Sector
- WTI Crude Breaks $90, Brent Crude Approaches $100, Middle East Shipping Risks Drive Continuous Rise in Oil Prices
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.
