Japan is facing a currency crisis as the yen weakens, prompting warnings and potential interventions from top officials like BOJ Governor Ueda and currency diplomat Kanda. Concerns over the impact of the weak yen on prices and inflation are being closely monitored, with discussions on adjusting easing policies and potential rate hikes.
BOJ GOVERNOR UEDA: NEED TO MONITOR FOREX AND OIL FOR REAL WAGES
SERIOUS CONCERN OVER NEGATIVE IMPACT OF WEAK YEN
GOVERNOR OF BOJ UEDA: LOW REAL RATE SUPPORTS ECONOMY AND INFLATION
JAPAN FINMIN SUZUKI: GOVT SEEKING TO ASSUAGE NEGATIVE IMPACT OF WEAK YEN THROUGH MEASURES TO PROMOTE WAGE INCREASE
JAPAN FINMIN SUZUKI: WILL CONTINUE TO ANALYSE FOREX'S IMPACT ON JAPANESE ECONOMY AND LIVELIHOOD AND TAKE APPROPRIATE ACTION
SUZUKI AIMS TO MITIGATE ADVERSE EFFECTS OF YEN DEPRECIATION
JAPAN FINMIN SUZUKI: STRONGLY CONCERNED ABOUT NEGATIVE ASPECTS OF WEAK YEN
SUZUKI EXPRESSES SERIOUS CONCERN OVER NEGATIVE IMPACT OF WEAK YEN
SUZUKI SAYS WEAK YEN HAS PROS AND CONS
SUZUKI: FX IMPACTED BY MULTIPLE FACTORS, INCLUDING GEOPOLITICS.
SUZUKI SAYS INSTITUTIONAL FACTORS ARE ESSENTIAL TO CONSIDER ALONGSIDE FUNDAMENTALS
JAPAN FINMIN SUZUKI: CLOSELY WATCHING FX MOVES
SUZUKI OPPOSES EXCESSIVE FOREIGN EXCHANGE MOVEMENTS
SUZUKI EMPHASIZES STABILITY OF FX MOVEMENTS SHOULD REFLECT FUNDAMENTALS
JAPAN FINMIN SUZUKI: RAPID FX MOVES UNDESIRABLE
JAPAN FINMIN SUZUKI: IMPORTANT FOR CURRENCIES TO MOVE IN STABLE MANNER REFLECTING FUNDAMENTALS
BOJ MEMBER WARNS OF POTENTIAL INFLATIONARY PRESSURE FROM WEAKER YEN
BOJ SUMMARY OF OPINIONS: ONE MEMBER SAID MUST BE VIGILANT TO VARIOUS UPSIDE RISKS TO INFLATION, SUCH AS WEAK YEN, FISCAL STIMULUS AND CHANCE OF STRONGER WAGE-INFLATION SPIRAL
BOJ SUMMARY OF OPINIONS: ONE MEMBER SAID WEAK YEN WEIGHS ON ECONOMY SHORT-TERM, BUT MAY PUSH UP TREND INFLATION BY BOOSTING OUTPUT, INCOME IN MEDIUM-, TO LONG-TERM HORIZON
BOJ SUMMARY OF OPINIONS: ONE MEMBER SAID MUST BE MINDFUL OF UPSIDE RISK TO INFLATION AS WEAK YEN, RISING CRUDE OIL PRICES AFFECTING COST-PUSH PRESSURE
BOJ SUMMARY OF OPINIONS: ONE MEMBER SAID IF INFLATION OVERSHOOT CONTINUES AGAINST BACKDROP OF WEAK YEN, PACE OF POLICY NORMALISATION MAY BECOME FASTER
BOJ MEMBER CALLS FOR FURTHER DISCUSSION ON TIMING OF RATE HIKE
BOJ SUMMARY OF OPINIONS: ONE MEMBER SAID MUST HIKE RATES AT APPROPRIATE TIMING AS LIKELIHOOD OF ACHIEVING OUR FORECASTS HEIGHTENS
BOJ MEMBER EMPHASIZES NEED FOR APPROPRIATE RATE INCREASE AT THE RIGHT TIME
BOJ MEMBER SUGGESTS RATE PATH MAY BE HIGHER THAN MARKET EXPECTATIONS.
BOJ MEMBER SUGGESTS ADJUSTING DEGREE OF EASING IF PRICE TREND RISES
JAPAN'S TOP CURRENCY DIPLOMAT KANDA DENIES DISCUSSING INTERVENTION
JAPAN'S TOP CURRENCY DIPLOMAT KANDA DOES NOT COMMENT ON INTERVENTION SPECULATION
*JAPAN'S KANDA: READY FOR CURRENCY INTERVENTION AT ANY TIME they have become the laughing stock of the world
JAPAN TOP CURRENCY DIPLOMAT KANDA: NO COMMENT ON MEDIA REPORT THAT JAPAN CONDUCTED FX INTERVENTION
JAPAN'S TOP CURRENCY DIPLOMAT KANDA IS PREPARED FOR CURRENCY INTERVENTION AT ANY TIME
JAPAN TOP CURRENCY DIPLOMAT KANDA: NO COMMENT ON INTERVENTION JAPAN TOP CURRENCY DIPLOMAT KANDA: IF NECESSARY WILL TAKE APPROPRIATE ACTION
JAPAN'S TOP CURRENCY DIPLOMAT KANDA DECLINES TO COMMENT ON INTERVENTION
Be Careful What You Wish For: Weaker Yen A Blessing And A Curse For Japan https://t.co/zWDEqO7mjH
Japanese Yen back to last weeks price. 3 interventions didnt help. Will the US Treasury bail out Japan and add margin? or let them suffer hyperinflation while the US figures out a print strategy before the election. Either way this is the apex predator of the global debt crisis. https://t.co/oxj11SXxzq
Japanese Yen back to last weeks price. 3 interventions didnt help. Will the US Treasury bail out Japan and add margin? or let them suffer hyperinflation while the US figures out a print strategy before the election. Either way this is the apex predator fo the global debt crisis. https://t.co/6ZJlGTewp4
Japan has a long and unsuccessful history of Yen intervention. The recent episode is no different, with Yen falling once again. If Japan really wants to stabilize Yen, it must let 10-year JGB yield rise, but that would cause a fiscal crisis. Japan is trapped by its high debt... https://t.co/EZ5I0RcuT6
BOJ will raise interest rates if inflation meets forecast, Governor Ueda says - Reuters https://t.co/hY8Ahi1VbE
BOJ'S GOVERNOR UEDA: WE MUST BE MINDFUL THAT THE IMPACT OF A WEAK YEN ON INFLATION MAY INCREASE AS CORPORATE WAGE AND PRICE-SETTING BEHAVIOUR CHANGES.
BOJ GOV UEDA: FX MOVES ARE AMONG IMPORTANT FACTORS THAT AFFECT ECONOMY, PRICES
BOJ'S GOVERNOR UEDA: RAPID, ONE-SIDED YEN FALLS ARE NEGATIVE FOR JAPAN'S ECONOMY AND ARE UNDESIRABLE.
BOJ'S GOVERNOR UEDA: HIGH OIL MAY WEAKEN THE PREMISE FOR LOWER COST-PUSH PRESSURES.
⚠️ BOJ WILL RAISE INTEREST RATES IF INFLATION MEETS FORECAST, GOVERNOR UEDA SAYS Full Story → https://t.co/28qUpgfuhV Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will raise interest rates if trend inflation accelerates in line with the bank's current… https://t.co/w2CjVR727T
BOJ'S GOVERNOR UEDA: WE MUST ALSO BE VIGILANT TO THE POSSIBILITY THAT MODERATING COST-PUSH PRESSURE COULD DISCOURAGE FIRMS FROM PASSING ON RISING WAGE COST TO SALES PRICES.
BOJ'S GOVERNOR UEDA: THERE IS CHANCE THAT INFLATION MAY OVERSHOOT EXPECTATIONS.
BOJ'S GOVERNOR UEDA: THERE IS NO DOUBT FINANCIAL CONDITIONS ARE ACCOMMODATIVE IN JAPAN.
BOJ GOV UEDA: IT IS HARD AT THIS POINT TO SPECIFY LEVEL OF JAPAN'S NATURAL RATE OF INTEREST, SHOW DEGREE OF MONETARY ACCOMMODATION IN CLEAR MANNER
BOJ'S GOVERNOR UEDA: JAPAN'S REAL INTEREST RATE REMAINS DEEPLY NEGATIVE BOTH IN SHORT- AND LONG-TERM.
BOJ GOV UEDA: JAPAN'S REAL INTEREST RATE IS CURRENTLY BELOW VARIOUS ESTIMATED VALUES IN NATURAL RATE OF INTEREST
BOJ GOV UEDA: THERE IS CHANCE INFLATION MAY OVERSHOOT EXPECTATIONS
BOJ'S GOVERNOR UEDA: IT IS NATURAL FOR LONG-TERM INTEREST RATES TO FLUCTUATE REFLECTING OVERSEAS RATE DEVELOPMENTS, CHANGES IN THE ECONOMY, AND PRICE OUTLOOK.
BOJ'S GOVERNOR UEDA: WE WILL ADJUST DAILY BOND BUYING AMOUNT TAKING INTO ACCOUNT MARKET DEVELOPMENTS.
BOJ GOV UEDA: IT IS NATURAL FOR LONG-TERM INTEREST RATES TO FLUCTUATE REFLECTING OVERSEAS RATE DEVELOPMENTS, CHANGES IN ECONOMIC AND PRICE OUTLOOK - REUTERS
BOJ GOV UEDA: FUTURE DEVELOPMENTS IN FOREX RATES AND INTERNATIONAL COMMODITY PRICES IS ANOTHER RISK
BOJ GOV UEDA: ESPECIALLY, WITH FIRMS' BEHAVIOR SHIFTING MORE TOWARD RAISING WAGES AND PRICES RECENTLY, IT IS NECESSARY TO BE AWARE THAT, COMPARED TO THE PAST, EXCHANGE RATE DEVELOPMENTS ARE MORE LIKELY TO AFFECT PRICES
BOJ GOV UEDA: IF BIG DOWNSIDE SHOCKS HIT ECONOMY AND PRICES, WE WILL RESPOND AS NEEDED WITHOUT RULING OUT ANY MEANS INCLUDING VARIOUS UNCONVENTIONAL MEASURES
BOJ GOV UEDA: IT IS NATURAL FOR LONG-TERM INTEREST RATES TO FLUCTUATE REFLECTING OVERSEAS RATE DEVELOPMENTS, CHANGES IN ECONOMIC AND PRICE OUTLOOK
BOJ'S GOVERNOR UEDA: IF BIG DOWNSIDE SHOCKS HIT THE ECONOMY AND PRICES, WE WILL RESPOND AS NEEDED WITHOUT RULING OUT ANY MEANS INCLUDING VARIOUS UNCONVENTIONAL MEASURES.
BOJ'S GOVERNOR UEDA: A RISE IN CRUDE OIL PRICES AND DEPRECIATION OF THE YEN COULD WEAKEN THE PREMISE OF THE OUTLOOK THAT COST-PUSH PRESSURE LED BY THE RISE IN IMPORT PRICES WILL SUBSIDE.
BOJ'S GOVERNOR UEDA: IF INFLATION UNDERSHOOTS OUR FORECAST OR DOWNSIDE RISKS HEIGHTEN, THAT WOULD REQUIRE US TO MAINTAIN OUR CURRENT ACCOMMODATIVE ENVIRONMENT FOR LONGER.
BOJ'S GOVERNOR UEDA: RISKS REGARDING PRICE OUTLOOK ARE HIGH, BOTH TO THE UPSIDE AND DOWNSIDE.
BOJ'S GOVERNOR UEDA: IF OUR ECONOMIC AND PRICE FORECASTS, OR RISKS SURROUNDING THEM, CHANGE, THAT WILL ALSO OBVIOUSLY BE REASON TO ADJUST INTEREST RATES.
BOJ GOV UEDA: IF INFLATION OVERSHOOTS OUR FORECAST, OR RISKS OF OVERSHOOT BECOMES BIG, IT WILL BE APPROPRIATE TO ADJUST INTEREST RATES SOMEWHAT SOONER - REUTERS
BOJ GOV UEDA: MUST BE MINDFUL THAT RISKS SURROUNDING PRICES REMAIN BIG BOTH TO UPSIDE AND DOWNSIDE
BOJ GOV UEDA: IF OUR ECONOMIC AND PRICE FORECASTS, OR RISKS SURROUNDING THEM, CHANGE, THAT WILL ALSO OBVIOUSLY BE REASON TO ADJUST INTEREST RATES
BOJ GOV UEDA: BOJ WILL GUIDE POLICY APPROPRIATELY FROM PERSPECTIVE OF STABLY, SUSTAINABLY ACHIEVING PRICE TARGET
BOJ GOV UEDA: IF TREND INFLATION HEIGHTENS AS WE PROJECT, WE WILL LIKELY ADJUST DEGREE OF MONETARY ACCOMMODATION
BOJ GOV UEDA: IF TREND INFLATION HEIGHTENS AS WE PROJECT, WE WILL LIKELY ADJUST DEGREE OF MONETARY ACCOMMODATION - REUTERS
Bank of Japan Gov. Kazuo Ueda says "a monetary policy response might be needed" and that he is carefully watching the impact of the weak yen on prices. https://t.co/quzXumtIUo
Bank of Japan Gov. Kazuo Ueda says he has told Prime Minister Fumio Kishida that he is carefully watching the impact of the weak yen on prices. https://t.co/E0XWLC5ita
BOJ chief flags risk of weak yen swaying prices, hints at response https://t.co/smTKg5O0cb
Japanese Yen acting up again. 3 interventions have no effect. https://t.co/wMhYNSiE7w
Bank of Japan Governor Kazuo Ueda fired a clear warning shot to financial markets about a potential policy move as he beefed up his language on the weak yen https://t.co/ql0KDOSX4R
SUZUKI CONCERNED ABOUT RISING RATES LEADING TO FISCAL RIGIDITY
SUZUKI IS MONITORING THE EFFECTS OF INCREASING INTEREST RATES ON THE ECONOMY.
SUZUKI SAYS FX INFLUENCED BY MORE THAN JUST US-JAPAN RATE DIFFERENCE.
BOJ's Ueda signals chance of policy action if yen moves affect inflation https://t.co/YZdkiI9G1P https://t.co/Mb3wQbignI
SUZUKI CONFIRMS DISORDERLY FX MOVEMENTS NEGATIVELY IMPACT THE ECONOMY
BOJ GOVERNOR UEDA TO ADJUST EASING BASED ON PRICE TREND
BOJ GOVERNOR UEDA: MONETARY POLICY UNAFFECTED BY JAPAN'S FINANCES
GOVERNOR UEDA OF BOJ: WEAK YEN POSES INFLATION RISK
SUZUKI WARNS OF POSSIBLE ACTIONS TO BE TAKEN AGAINST EXCESSIVE FX MOVEMENTS
SUZUKI ON JAPAN'S MAIN POLICY AGENDA: RESPONSE TO INFLATION
JAPAN FINMIN SUZUKI: WE DO NOT SEE AN ABSOLUTE LINE IN FOREX LEVEL THAT WE MUST PROTECT, WE ARE FOCUSED ON THE FLUCTUATIONS
JAPAN FINMIN SUZUKI: WE WILL CLOSELY WATCH MARKET MOVES, WILL TAKE ACTION WHEN NEEDED
SUZUKI EXPRESSES STRONG CONCERNS OVER IMPACT OF WEAK YEN ON PRICES
STRONG CONCERNS OVER YEN WEAKNESS AND ITS IMPACT ON PRICES
WEAK YEN: POSITIVE AND NEGATIVE SIDES
SUZUKI: POSITIVE AND NEGATIVE SIDES OF WEAK YEN
SUZUKI AWARE OF REPORTS ON JAPAN FX INTERVENTION
SUZUKI WARNS THAT CONFIRMATION OF INTERVENTION COULD AFFECT FUTURE ACTIONS
BOJ GOVERNOR UEDA TO ADJUST EASING AS PER RISING PRICE TREND
BOJ GOVERNOR UEDA CLOSELY MONITORING RECENT CURRENCY FLUCTUATIONS
BOJ GOVERNOR UEDA WARNS OF POTENTIAL NEED FOR POLICY RESPONSE DUE TO FOREIGN EXCHANGE IMPACTS
BOJ GOVERNOR UEDA: FX IMPACTS INFLATION
SUZUKI EMPHASIZES STABLE FX MOVEMENTS REFLECTING FUNDAMENTALS
SUZUKI CLOSELY MONITORS CURRENCY FLUCTUATIONS WITH A SENSE OF URGENCY, AS ALWAYS.
Japan may have to take action against any disorderly, speculative-driven foreign exchange moves, the government's top currency diplomat Masato Kanda said on Tuesday, reinforcing Tokyo's readiness to intervene again to support a fragile yen. https://t.co/uf3I74fWAM
BOJ chief says impact of weak yen on monetary policy to be monitored https://t.co/B6PwElyALo
Bank of Japan Governor Kazuo Ueda says he’s carefully watching the impact of the weak yen on prices after meeting with Prime Minister Fumio Kishida https://t.co/Z45L6q2OkR
Bank of Japan Governor Kazuo Ueda says after meeting with Prime Ministry Fumio Kishida that he’s carefully watching the impact of the weak yen on prices https://t.co/rjik3oAVMm
UEDA: CLOSELY MONITORING RECENT FX SITUATION
BOJ GOV UEDA: CONFIRMED WITH PM THAT BOJ WILL TAKE INTO ACCOUNT IMPACT OF ECONOMY, PRICES WHICH COULD POTENTIALLY BE BIG
BOJ GOV UEDA: BOJ STANDS READY TO KEEP CLOSE EYE OUT ON HOW YEN MOVES AFFECT TREND INFLATION
BOJ GOV UEDA: EXPLAINED TO PM BOJ'S STANCE OF GUIDING POLICY FROM STANDPOINT OF SUSTAINABLY ACHIEVING 2% INFLATION TARGET
BOJ GOV UEDA: CONFIRMED WITH PM KISHIDA GOVT, BOJ WILL WORK CLOSELY ON POLICY
UEDA: WILL CLOSELY MONITOR HOW WEAK YEN WILL AFFECT PRICES
🇯🇵 UEDA: WILL CLOSELY MONITOR HOW WEAK YEN WILL AFFECT PRICES. $USDJPY
BOJ'S GOVERNOR UEDA: WE WILL CLOSELY MONITOR HOW WEAK YEN WILL AFFECT PRICES.
BOJ'S GOVERNOR UEDA: THE BOJ STANDS READY TO KEEP A CLOSE EYE OUT ON HOW YEN MOVES AFFECT TREND INFLATION.
BOJ'S GOVERNOR UEDA: I DISCUSSED ECONOMY AND FINANCIAL MARKETS WITH KISHIDA.
Japan says it will respond appropriately to disorderly yen movements: Japan will respond appropriately to excessive volatility in the foreign exchange market, its top currency diplomat said Tuesday in a fresh warning against… https://t.co/daYzGwSGIh #japannews #japantoday
Japan may have to take action against any disorderly, speculative-driven foreign exchange moves, the government's top currency diplomat Masato Kanda said, reinforcing Tokyo's readiness to intervene again to support a fragile yen. More here: https://t.co/u3js7ooQC6
Japan may have to take action against any disorderly, speculative-driven foreign exchange moves, the government's top currency diplomat Masato Kanda said, reinforcing Tokyo's readiness to intervene again to support a fragile yen https://t.co/0s2lvyII9F
Japan Warns of Action over Rapid Currency Moves https://t.co/bNVZhW9yje
Japan warns of action over rapid currency moves https://t.co/L5QNbq7ylU https://t.co/XeIInNm50a
Japan vows to respond appropriately to disorderly yen moves https://t.co/GLhhjdiPhe
JAPAN CHIEF CABINET SECRETARY HAYASHI DOES NOT COMMENT ON CURRENCY INTERVENTION.
JAPAN'S TOP CURRENCY DIPLOMAT KANDA: NO COMMENT ON WHETHER CURRENCY INTERVENTION OCCURRED
JAPAN TOP FX DIPLOMAT KANDA: NO COMMENT ON YELLEN'S COMMENTS ON FX
JAPAN'S TOP CURRENCY DIPLOMAT KANDA DECLINES TO COMMENT ON FOREX LEVELS
JAPAN'S TOP CURRENCY DIPLOMAT KANDA SUGGESTS GOVERNMENT INTERVENTION IF FOREX MARKET EXPERIENCES EXCESSIVE VOLATILITY
JAPAN'S TOP CURRENCY DIPLOMAT KANDA EMPHASIZES THE IMPORTANCE OF STABLE CURRENCY MOVEMENTS REFLECTING FUNDAMENTAL FACTORS.
JAPAN'S TOP CURRENCY DIPLOMAT KANDA DECLINES TO COMMENT ON YELLEN'S REMARKS ON FOREIGN EXCHANGE.
Tokyo Drifting Into A Currency Crisis The Bank of Japan intervened twice last week as JPY crossed the redline set in September 2022. What lies in store for the Japanese Yen? A THREAD 🧵👇🔥 https://t.co/qbNkGaqM0W
Corporate Japan is starting to wonder if the weak yen has become too much of a good thing. https://t.co/bcrcf4piy4