Ueda speech: Still need some time to consider what to do with BoJ’s ETF holdings
Source Fxstreet
Speaking before the Japanese parliament on Tuesday, Bank of Japan (BoJ) Governor Kazuo Ueda said, the central bank “still need some time to consider what to do with BoJ’s ETF holdings.”
Additional quotes
Must think about valuation and market rout risks when offloading BoJ’s ETF holdings.
BoJ’s massive JGB holdings have stock effect that would slightly lower long-term yields.
BoJ’s JGB holdings would continue to have stock effect since reduction pace is extremely slow.
Japan's output gap stands around zero, no big difference BoJ’s and cabinet office's estimates.
Market reaction
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
The Dogecoin price is once again in the spotlight, stirring up bullish excitement as a crypto analyst predicts a potential 58% upside move in the near term.
Gold price (XAU/USD) is building on the previous day's goodish recovery from the $3,248-3,247 region or a one-month low and gaining positive traction for the second successive day on Tuesday.
On 1 July 2025, the Eurozone will release its June inflation data.
Bitcoin (BTC) slips below $107,000 at the time of writing on Tuesday, continuing a mild pullback from the previous day.
The dollar experienced its weakest first half in more than 50 years, hurt by geopolitical tensions and former President Donald Trump's trade policies.
Related Instrument
