Bank of Japan Governor Kazuo Ueda discussed various aspects of Japan's economic conditions and monetary policy decisions. He highlighted that overseas events could influence Japan's decision on issuing a central bank digital currency (CBDC) and noted the lack of specific timing for this decision. Ueda emphasized that other countries' CBDC decisions could inform Japan's decision-making process. Additionally, he mentioned some weakness in Japan's economy but sees a moderate recovery, expects solid wage growth, anticipates a gradual increase in trend inflation, and guides policy with a focus on economic and price developments.
🔴 BOJ GOVERNOR UEDA EXPECTS TEMPORARY FACTORS AFFECTING CONSUMPTION TO DISSIPATE
🔴 BOJ GOVERNOR UEDA EXPECTS ACCOMMODATIVE MONETARY CONDITIONS TO CONTINUE FOR TIME BEING
🔴 BOJ GOVERNOR UEDA GUIDES POLICY WITH FOCUS ON ECONOMY AND PRICE DEVELOPMENTS: SHORT-TERM RATE AS POLICY TARGET
🔴 BOJ GOVERNOR UEDA EXPECTS GRADUAL INCREASE IN TREND INFLATION BY END OF FORECAST PERIOD: QUARTERLY REPORT
🔴 GOVERNOR UEDA OF BOJ: CHANCE OF SOLID WAGE GROWTH HEIGHTENING THIS YEAR
🔴 BOJ GOVERNOR UEDA NOTES SOME WEAKNESS IN JAPAN'S ECONOMY, BUT SEES MODERATE RECOVERY
Central bank watchers have praised how Bank of Japan Gov. Kazuo Ueda navigated its monetary policy toward normalization. But the challenges are only just beginning to emerge, with Japan now entering an era of positive interest rates. https://t.co/XRtweXY3UZ
🔴 BOJ'S GOVERNOR UEDA TO GIVE SEMI-ANNUAL REPORT IN DIET FROM 1 PM TUESDAY.
A year into his job, Bank of Japan Governor Kazuo Ueda said he had achieved a goal he set when taking the helm: changing the bank's complex monetary stimulus into a simpler framework https://t.co/atBo6CMgCg
A year into his job, Bank of Japan Governor Kazuo Ueda said he had achieved a goal he set when taking the helm: changing the bank's complex monetary stimulus into a simpler framework . More here:https://t.co/Vko4swyDag
BOJ GOV UEDA: WE WILL RESPOND APPROPRIATELY TO ECONOMIC CHANGES UNDER NEW POLICY FRAMEWORK
🔴 BOJ GOVERNOR UEDA: NO SPECIFIC TIMING ON JAPAN'S CBDC DECISION
🔴 BOJ GOVERNOR UEDA: OVERSEAS EVENTS COULD INFLUENCE JAPAN'S DECISION ON ISSUING CBDC
🔴 BOJ GOVERNOR UEDA: OTHER COUNTRIES' CBDC DECISIONS COULD INFORM JAPAN'S DECISION-MAKING
🔴 BOJ GOVERNOR UEDA: LAST FISCAL YEAR'S ECONOMIC CONDITIONS WERE FAIRLY GOOD