BoJ’s Ueda: Will raise rates if improvement in economy and price conditions continues
Source Fxstreet
Speaking at the Bank of Japan (BoJ) branch manager meeting on Wednesday, Governor Kazuo Ueda said on that they “will raise rates and adjust degree of monetary support if improvement in economy and price conditions continues.”
Additional quotes
Will make a decision next week.
Watching developments in the US economy.
Momentum heading into spring wage negotiations is crucial.
There was a lot of positive talk about wage hikes at the meeting.
Timing of adjusting monetary policy is up to future economic, price, and financial conditions.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
As of the Asian session on July 9, after WTI ( USOIL) crude oil prices rebounded sharply for two consecutive trading days, oil prices hovered and adjusted around $73.30 today. From the te
The GBP/USD pair gathers strength near 1.3395 during the Asian trading hours on Thursday, bolstered by fading domestic political uncertainty.
Gold (XAU/USD) trades around $4,050 on Wednesday, down 1.40% on the day at the time of writing, as investors favor the US Dollar (USD) following a fresh deterioration in tensions between the United States (US) and Iran.
As of the Asian session on July 8, WTI ( USOIL) crude oil prices rose to around $72, rebounding significantly from previous trading sessions. From a technical perspective, oil prices had
US President Trump stated at the NATO annual summit on July 8 that he believes the US-Iran memorandum of understanding is "over." This means the temporary ceasefire state between the two
Related Instrument
