Bank of Japan Governor Kazuo Ueda has stated that volatile currency moves are among the side effects the central bank is monitoring in relation to its bond yield control policy. The BOJ may end its negative interest rate policy in January next year, according to an economist. Japanese investors have been buying the most US sovereign bonds in six months, leading to the weakening of the yen. BOJ board members have discussed policy options for a potential exit from the negative-rate regime. Governor Ueda has warned that unwinding the ultra-loose policy will be a serious challenge and that the central bank will move carefully on raising interest rates.
🔴 BOJ'S GOVERNOR UEDA: WE ARE CONCERNED ABOUT WHAT HAPPENS TO THE US' AND CHINA'S ECONOMIES.
🔴 BOJ'S GOVERNOR UEDA: WE WANT EXCHANGE RATES TO FOLLOW THE FUNDAMENTALS AND WE WILL OF COURSE ANALYSE CAREFULLY HOW EXCHANGE RATES WOULD AFFECT INFLATION AND OUTPUT.
🔴 BOJ'S GOVERNOR UEDA: I WANT FOREX TO REFLECT THE FUNDAMENTALS.
🔴 BOJ'S GOVERNOR UEDA: WHEN WE NORMALISE SHORT-TERM INTEREST RATES, WE'LL HAVE TO BE CAREFUL ABOUT WHAT WILL HAPPEN TO FINANCIAL INSTITUTIONS, BORROWERS OF MONEY AND AGGREGATE DEMAND.
🔴 BOJ'S GOVERNOR UEDA: I HOPE TO BE ABLE TO EXIT YCC WITHOUT VOLATILITY AT THAT TIME.
🔴 BOJ'S GOVERNOR UEDA: I'M VERY INTERESTED IN SPRING WAGE TALKS FOR NEXT YEAR.
⚠️ Bank of Japan governor warns unwinding ultra-loose policy is ‘serious challenge’ Kazuo Ueda tells FT conference that central bank will move carefully on raising interest rates https://t.co/DWTckm0joa
🔴 BOJ'S GOVERNOR UEDA, AT THE FT CONFERENCE: THE CENTRAL BANK WILL MOVE CAREFULLY ON RAISING INTEREST RATES - FT.
🔴 BOJ'S GOVERNOR UEDA WARNS THAT UNWINDING THE ULTRA-LOOSE POLICY IS A ‘SERIOUS CHALLENGE’ - FT. https://t.co/MWUUsIMPPA
⚠️ BOJ' KAZUO UEDA TELLS FT CONFERENCE THAT CENTRAL BANK WILL MOVE CAREFULLY ON RAISING INTEREST RATES - FT
BOJ board members meeting last month discussed policy options with an eye on a potential exit from the world’s last negative-rate regime https://t.co/OQYZ0FlBtZ
🇯🇵 BOJ debated groundwork for future easy-policy exit at Oct meeting Some Bank of Japan policymakers last month called for the need to start phasing out massive stimulus and lay the groundwork for a future exit from ultra-low interest rates, a summary of opinions at their… https://t.co/t175gpSHgW https://t.co/kTso3REyN7
🇯🇵 BOJ to step up JGB buys if benchmark yield exceeds 1% - ex-policymakers (Reuters) - The Bank of Japan (BOJ) will likely step up its purchases of Japanese government bonds (JGB) if the benchmark yield exceeds 1.0% in the near-term, former policymakers and investors said. https://t.co/zTNd2SsxkU
BOJ board members meeting last month discussed policy options with an eye on a potential exit from the world’s last negative-rate regime https://t.co/uCQYSeiOHd
🔴 BOJ'S GOVERNOR UEDA: IN WHAT ORDER WE WILL END THESE POLICIES WILL DEPEND ON ECONOMIC AND PRICE DEVELOPMENTS AT THE TIME OF AN EXIT.
🔴 EX-BOJ EXECUTIVE MAEDA: THE BOJ MAY END THE NEGATIVE INTEREST RATE POLICY IN JANUARY AND KEEP RAISING SHORT-TERM RATES IN STAGE.
BOJ debated groundwork for future easy-policy exit at Oct meeting https://t.co/PgMIhy9N8F https://t.co/ZJkSGWi7C8
Japanese investors bought the most US sovereign bonds in six months in September, underscoring fund flows into higher-yielding debt that are weighing on the yen https://t.co/XgLhUFbdrR
Japanese investors bought the most US sovereign bonds in six months in September, underscoring fund flows into higher-yielding debt that are weighing on the yen https://t.co/8EvDvN8hyr
Japanese investors bought the most US sovereign bonds in six months in September, underscoring fund flows into higher-yielding debt that are weighing on the yen https://t.co/m6ZwiD4YAT
BOJ may end negative rates in January, ex-central bank executive says https://t.co/TqTgGt6Kua https://t.co/NvvigS8zN4
⚠️ BOJ MAY END NEGATIVE RATES IN JANUARY, EX-CENTRAL BANK EXECUTIVE SAYS Full Story → https://t.co/RchJhP7kf1
🔴 PBOC DEPUTY GOVERNOR XUAN: THE PBOC IS TO STEP UP ITS ECONOMIC DIALOGUE WITH OTHER COUNTRIES.
🔴 BOJ'S GOVERNOR UEDA: THE FACT THAT THE BOJ STANDS READY TO STEP IN TO BUY ETF IN TIMES OF MARKET TURBULENCE MAY BE UNDERPINNING RECENT STOCK PRICES.
🔴 BOJ'S GOVERNOR UEDA, WHEN ASKED ON WHAT CONDITIONS NEED TO BE MET TO END YCC AND NEGATIVE RATES: WE NEED TO CONFIRM WHETHER THE PASS-THROUGH OF IMPORT PRICES DISSIPATE, AND WHETHER THE WAGE-INFLATION CYCLE KICKS OFF AS WE EXPECT.
🔴 PBOC GOVERNOR: WE WILL RESOLUTELY GUARD AGAINST OVERSHOOTING RISKS OF THE YUAN EXCHANGE RATE - CENTRAL BANK PUBLICATION.
🔴 BOJ'S GOVERNOR UEDA: THERE IS NO STATISTICAL EVIDENCE THAT INTEREST RATE LEVELS HAVE A DIRECT CORRELATION WITH WAGE MOVES.
BOJ will likely end its negative interest rate early next year, according to an economist once seen as a potential candidate for the central bank’s new leadership line-up this year https://t.co/9ed9mIm8lv
BOJ Ueda signals chance of exit from easy policy before real wages rise https://t.co/ft99FOqBnI https://t.co/KhGeXAg2Zv
BOJ will likely end its negative interest rate early next year, according to an economist once seen as a potential candidate for the central bank’s new leadership line-up this year https://t.co/LrpKkOqFW8
BOJ will likely end its negative interest rate early next year, according to an economist once seen as a potential candidate for the central bank’s new leadership line-up this year https://t.co/SLioSTT55M
Bank of Japan Governor Kazuo Ueda said volatile currency moves were among the side effects the central bank was scrutinizing in maintaining its bond yield control policy, in the wake of the yen's renewed declines against the dollar https://t.co/YrwaWmMqDi
Bank of Japan Governor Kazuo Ueda said volatile currency moves were among the side effects the central bank was scrutinizing in maintaining its bond yield control policy, in the wake of the yen's renewed declines against the dollar. More here: https://t.co/vn96D67dGU
⚠️ BOJ'S UEDA SEES VOLATILE CURRENCY MOVES AS COST OF BOND YIELD CONTROL Full Story → https://t.co/ywteNAbxg5 https://t.co/RHn7MbxcRS