Japan Housing Starts (YoY) below forecasts (-5.5%) in February: Actual (-8.2%)
Source Fxstreet
Mar 29, 2024 05:08
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BoJ's Ueda: Easy financial conditions will be maintained for the time beingSpeaking at the post-policy meeting press conference on Friday, Bank of Japan (BoJ) Governor Kazuo Ueda said that the Bank “will adjust the degree of monetary easing if underlying inflation rate rises,” adding that “easy financial conditions will be maintained for the time being.” The BoJ kept the interest rate on hold at 0% following the April meeting.
Speaking at the post-policy meeting press conference on Friday, Bank of Japan (BoJ) Governor Kazuo Ueda said that the Bank “will adjust the degree of monetary easing if underlying inflation rate rises,” adding that “easy financial conditions will be maintained for the time being.” The BoJ kept the interest rate on hold at 0% following the April meeting.
Japan’s National Consumer Price Index (CPI) for March climbed 2.7% YoY, compared to a 2.8% uptick in February, according to the latest data released by the Japan Statistics Bureau on Friday.
China's Trade Balance for March, in Chinese Yuan terms, came in at CNY415.86 billion, widening from the previous figure of CNY281.97 billion.
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