BoJ’s Ueda: Trend inflation heightening, will make appropriate policy decision
Trending Articles- Bitcoin Drops to $70,000. U.S. Government Refuses to Bail Out Market, End of Bull Market or Golden Pit?
- A Crash After a Surge: Why Silver Lost 40% in a Week?
- Bitcoin Reclaims $70,000. Cathie Wood Claims Near Potential Bottom, Will This Time Be Different?
- Gold Price Forecast: XAU/USD falls below $5,050 as traders await US jobs data
- Is the Crypto Rally Dead? Why Bernstein Still Predicts a $150K Bitcoin Peak Despite Waller’s Warnings
- WTI declines below $63.00 as US-Iran talks loom
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.
