Bank of Japan's Governor Ueda stated that monetary policy decisions will be influenced by factors such as FX fluctuations impacting inflation, trend inflation nearing 2%, and economic conditions. Ueda emphasized the importance of monitoring financial and FX market movements for their impact on Japan's economy and prices. The achievement of the 2% inflation target is deemed close if inflation forecasts materialize. Ueda also highlighted the potential negative impact of a prolonged weak yen on consumption.
BOJ'S GOVERNOR UEDA: WE'RE NOT NECESSARILY THINKING UNDERLYING INFLATION EVIDENTLY ROSE BETWEEN MARCH AND APRIL.
BOJ'S GOVERNOR UEDA: WE MUST SCRUTINISE THE IMPACT ON BORROWERS, CONSUMPTION, FINANCIAL INSTITUTIONS WHEN WE DECIDE TO HIKE RATES.
BOJ'S GOVERNOR UEDA: I DON'T HAVE A SPECIFIC IDEA IN MIND AS TO WHEN TO RAISE RATES NEXT.
BOJ'S GOVERNOR UEDA: THE YEN IS STARTING TO HAVE A NON-NEGLIGIBLE IMPACT ON COST PUSH.
BOJ GOV UEDA: CANNOT IDENTIFY WHEN UNDERLYING INFLATION RATE TOUCHES 2% IN SATISFACTORY WAY
BOJ GOV UEDA: APPROPRIATE FOR SHORT-TERM RATES TO REMAIN IN 0-0.1% WITH UNDERLYING INFLATION RATE IS STILL UNDER 2%
BOJ GOV UEDA: UNDERLYING INFLATION RATE HAS BEEN GRADUALLY RISING
BOJ GOV UEDA: IF PRICES ARE MOVING IN LINE WITH OUR FORECAST THAT WOULD BE A REASON FOR ADJUSTING THE DEGREE OF MONETARY ACCOMMODATION AND ADDITIONAL RATE HIKES
BOJ'S GOVERNOR UEDA: NOT THAT WE DON'T RAISE RATES UNLESS INFLATION WIDELY OVERSHOOTS OUR OUTLOOK, BUT THE REALISATION OF OUR OUTLOOK ITSELF COULD BE A REASON FOR A RATE CHANGE.
BOJ'S GOVERNOR UEDA: THE CHANCE OF A NEGATIVE IMPACT ON CONSUMPTION IS NOT ZERO IF WEAK YEN PROLONGS.
BOJ'S GOVERNOR UEDA: WHEN OUR INFLATION OUTLOOK MATERIALISES, THAT'S ALMOST IN THE STATE OF A NEUTRAL RATE OF INTEREST.
BOJ'S GOVERNOR UEDA: THE ACHIEVEMENT OF THE 2% INFLATION TARGET IS EXTREMELY CLOSE IF OUR FY2025 AND 26 INFLATION FORECASTS MATERIALISE.
BOJ'S GOVERNOR UEDA: FX'S IMPACT ON INFLATION RATES IS USUALLY TENTATIVE.
⚠️ BOJ GOVERNOR UEDA'S COMMENTS AT NEWS CONFERENCE Full Story → https://t.co/oU7sKPluoh The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation was on track to durably hit 2% in coming years, signalling its readiness to…
BOJ'S GOVERNOR UEDA: THE CHANCE OF PROLONGED WEAK YEN IS NOT ZERO.
BOJ'S GOVERNOR UEDA: WE WILL CARRY OUT APPROPRIATE SHORT-TERM RATE ADJUSTMENT, TAKING EFFECT OF THE BOJ'S JGB HOLDING ON LONG-TERM YIELD INTO CONSIDERATION.
BOJ'S GOVERNOR UEDA: THE LIKELIHOOD OF ACHIEVING THE 2% INFLATION TARGET IS GRADUALLY RISING.
BOJ'S GOVERNOR UEDA: THE WEAK YEN SO FAR IS NOT HAVING A BIG IMPACT ON TREND INFLATION.
BOJ'S GOVERNOR UEDA: IF FX FLUCTUATIONS AFFECT UNDERLYING INFLATION, THAT COULD BE A CONSIDERATION FOR MONETARY POLICY.
BOJ'S GOVERNOR UEDA: WE WILL RAISE POLICY RATES IF TREND INFLATION HEADS TOWARDS 2%.
BOJ'S GOVERNOR UEDA: MONETARY POLICY IS NOT AIMED TO CONTROL FX RATES DIRECTLY.
BOJ'S GOVERNOR UEDA: ECONOMIC OUTLOOK AND RISK OVERSHOOT MAY ALSO BE A REASON FOR POLICY CHANGE.
BOJ'S GOVERNOR UEDA: CONDUCT OF MONETARY POLICY FROM NOW ON WILL DEPEND ON THE STATE OF THE ECONOMY AND PRICES AT THE TIME.
BOJ'S GOVERNOR UEDA: THE BOJ WILL ADJUST ITS DEGREE OF MONETARY EASING IF THE UNDERLYING INFLATION RATE RISES.
BOJ'S GOVERNOR UEDA: I EXPECT UNDERLYING INFLATION TO RISE GRADUALLY.
BOJ'S GOVERNOR UEDA: MONETARY POLICY CONDUCT DEPENDS ON FUTURE ECONOMIC, PRICE AND FINANCIAL CONDITIONS.
BOJ GOV UEDA: MUST PAY DUE ATTENTION TO FINANCIAL, FX MARKET MOVES, IMPACT ON JAPAN'S ECONOMY, PRICES
BOJ GOV UEDA: MONETARY POLICY CONDUCT DEPENDS ON FUTURE ECONOMIC, PRICE, FINANCIAL CONDITIONS
BOJ'S GOVERNOR UEDA: WE MUST PAY DUE ATTENTION TO FINANCIAL, FX MARKET MOVES AND THE IMPACT ON JAPAN'S ECONOMY AND PRICES.
BOJ GOV UEDA: BOJ WILL ADJUST DEGREE OF MONETARY EASING IF UNDERLYING INFLATION RATE RISES
BOJ will hike rates if trend inflation accelerates, gov Ueda says - Reuters https://t.co/TeAeQTTRtd
BOJ will hike rates if trend inflation accelerates, Gov Ueda says https://t.co/CktHJMzTRb https://t.co/I8RHtXm055
⚠️ BOJ WILL HIKE RATES IF TREND INFLATION ACCELERATES, SAYS GOV UEDA Full Story → https://t.co/JXPf18LGg7 https://t.co/AM4T5s2Tkm