BoJ’s Nagakawa: Japan's economy on track based on data out since previous meeting in July
Source Fxstreet
Bank of Japan (BoJ) board member Junko Nagakawa is back on the wires on Wednesday, noting that “Japan's economy is on track based on data out since the previous meeting in July.”
Additional quotes
Hard to pin down precise level of Japan's neutral rate.
Important to look at how economy, inflation react to change in short-term interest rate.
Markets remain unstable.
When markets are volatile, we need to look at what is behind such moves.
Hard to comment on timing of next rate hike.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
US Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
Litecoin (LTC) price is showing renewed bullish strength after breaking out of an ascending channel pattern, trading above $133 at the time of writing on Wednesday.
The Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
Silver price (XAG/USD) gains ground after recovering losses registered in the previous session, trading around $48.40 per troy ounce during the Asian hours on Friday.
Related Instrument
