BoJ’s Ueda: Accommodative financial conditions are expected to continue for time being
Source Fxstreet
Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that “based on our current economic and price projections, accommodative financial conditions are expected to continue for time being.”
Additional quotes
Accommodative financial conditions likely to underpin Japan's economy and prices.
If long-term rates rise sharply, we are ready to nimbly conduct bond buying operation.
Positive wage-inflation cycle strengthening, growth in real wages likely to gradually turn positive.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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The USD/JPY pair is seen consolidating in a narrow band around mid-159.00s during the Asian session on Tuesday as traders opt to wait for the crucial Bank of Japan (BoJ) before placing fresh directional bets.
Gold price (XAU/USD) holds steady near $4,600 during the early Asian session on Wednesday. The precious metal steadies as traders await a key Federal Reserve (Fed) interest rate decision later on Wednesday.
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