BoJ’s Ueda: Trend inflation heightening, will make appropriate policy decision
Trending Articles- Iranian military drones targeted US Fifth Fleet in Bahrain in response to southern US strikes
- Gold plummets below $4,200 as US‑Iran tensions spur hawkish rate bets ahead of US CPI
- Gold Price Trend Forecast: US-Iran Peace Talks Drive Gold Rebound, Is the Gold Slump Over?
- SpaceX Listing Imminent. Funds Flood Into SpaceX On-Chain Tokens, Bitcoin Rebound Momentum May Be Weakened
- US May CPI Preview: Rising Inflation May Push Up Fed Rate Hike Expectations, How Will US Stocks, Dollar, Gold React?
- Gold Drops Below $4,300 Erasing Year-to-Date Gains. This Week’s CPI May Ignite Rate Hike Expectations Will Gold Still Rise in 2026?
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.
