Japan's Chief Cabinet Secretary Hayashi expects the Bank of Japan (BOJ) to work closely with the government to achieve sustainable price targets with wage rises. Recent statements from BOJ Governor Ueda indicate that the price target is in sight, but the achievement of a 2% inflation target is not guaranteed yet. Ueda emphasizes the importance of maintaining accommodative financial conditions and an easy environment to support the economy and prices. The BOJ is closely monitoring the economy and price outlooks to determine the appropriate rate level, with further rate hikes dependent on these factors.
🔴 JAPAN CHIEF CABINET SECRETARY HAYASHI CLOSELY MONITORING FX MOVES WITH URGENCY
🔴 JAPAN CHIEF CABINET SECRETARY HAYASHI EMPHASIZES STABILITY IN CURRENCY MOVEMENTS REFLECTING FUNDAMENTALS
🔴 BOJ GOVERNOR UEDA CAUTIONS AGAINST WAITING FOR SUSTAINED 2% INFLATION BEFORE ENDING STIMULUS
🔴 BOJ GOVERNOR UEDA SUPPORTS ECONOMY AND PRICES BY MAINTAINING ACCOMMODATIVE MONETARY CONDITIONS FOR TIME BEING
🔴 BOJ GOVERNOR UEDA SEES MEDIUM AND LONG-TERM INFLATION EXPECTATIONS MOVING TOWARDS 2%
🔴 BOJ GOVERNOR UEDA CONFIRMS STRENGTHENING OF WAGE-INFLATION CYCLE WITH RECENT WAGE NEGOTIATION DATA AND HEARING ON COMPANIES.
BoJ Gov Ueda: Inflation Target Came Within Sight - BoJ Expected To Maintain Accommodative Monetary Policy For The Time Being - Accommodative Monetary Policy Likely To Underpin Economy
🔴 BOJ GOVERNOR UEDA SAYS ACCOMMODATIVE MONETARY POLICY TO LIKELY SUPPORT ECONOMY
🔴 BOJ GOVERNOR UEDA EXPECTS MAINTAINING ACCOMMODATIVE MONETARY POLICY FOR TIME BEING
🔴 BOJ'S GOVERNOR UEDA: WE ARE CLOSELY WATCHING WHETHER THE TREND OF BIG WAGE HIKES COULD BROADEN AMONG SMALL FIRMS.
🔴 BOJ'S GOVERNOR UEDA: THE OUTCOME OF SPRING WAGE NEGOTIATIONS WAS A BIG FACTOR.
🔴 BOJ'S GOVERNOR UEDA: THE BOJ'S MASSIVE HOLDINGS OF JGBS HAS AN IMPACT OF EASY MONETARY CONDITIONS
🔴 BOJ'S GOVERNOR UEDA: WE EXPECT FURTHER RISES IN PRICE TREND TO LEAD TO RATE HIKES.
🔴 BOJ'S GOVERNOR UEDA: THE LIKELIHOOD OF ACHIEVING A 2% INFLATION TARGET IS STILL NOT 100% BUT IT'S RISING.
🔴 BOJ'S GOVERNOR UEDA: MARKETS WILL DECIDE LONG-TERM YIELDS.
🔴 BOJ'S GOVERNOR UEDA: THE PACE OF FURTHER RATE HIKES DEPEND ON THE ECONOMY AND PRICE OUTLOOKS.
🔴 BOJ'S GOVERNOR UEDA: IT'S IMPORTANT TO KEEP AN EASY ENVIRONMENT IN PLACE CONSIDERING THE DISTANCE TO 2% TARGET IN TERMS OF INFLATION EXPECTATIONS.
🔴 BOJ'S GOVERNOR UEDA: WE ARE TO DECIDE THE APPROPRIATE RATE LEVEL DEPENDING ON THE ECONOMY.
🔴 BOJ'S GOVERNOR UEDA: THERE IS STILL A DISTANCE TO THE 2% TARGET WHEN LOOKING AT INFLATION EXPECTATIONS.
🔴 BOJ'S GOVERNOR UEDA: OUR ACCOMMODATIVE STANCE IS TO SUPPORT THE ECONOMY AND PRICES.
🔴 BOJ'S GOVERNOR UEDA: ACCOMMODATIVE CONDITIONS WILL FIRMLY UNDERPIN THE ECONOMY AND PRICES.
🔴 BOJ'S GOVERNOR UEDA: PRICE TARGET IS NOW IN SIGHT.
🔴 BOJ'S GOVERNOR UEDA: RECENT DATA SHOWS A VIRTUOUS ECONOMIC CYCLE STRENGTHENING.
🔴 BOJ'S GOVERNOR UEDA: A JUDGED, SUSTAINABLE AND STABLE ACHIEVEMENT OF 2% INFLATION TARGET COMES IN SIGHT.
BOJ GOV UEDA: JUDGED SUSTAINABLE, STABLE ACHIEVEMENT OF 2% INFLATION TARGET COMES IN SIGHT
🔴 BOJ'S GOVERNOR UEDA: WE WILL USE THE SHORT-TERM POLICY RATE AS OUR MAIN TOOL.
🔴 BOJ'S GOVERNOR UEDA: ACCOMMODATIVE FINANCIAL CONDITIONS WILL BE MAINTAINED FOR THE TIME BEING.
🔴 BOJ'S GOVERNOR UEDA: WE'VE CONFIRMED A VIRTUOUS CYCLE OF WAGES AND PRICES.
🇯🇵 Preview | #BOJ To End Negative Rates This Week 1) Results of Wage Negotiations Will Force BOJ’s Hand ➡ According to Rengo’s report, the country's largest union group agreed to increase significantly wages by 5.28% of growth last Friday along 2024 during the Japan’s spring… https://t.co/nL5PI2LQVC
🔴 HAYASHI, JAPAN'S CHIEF CABINET SECRETARY, EXPECTS BOJ TO WORK CLOSELY WITH GOVERNMENT TO ACHIEVE SUSTAINABLE PRICE TARGET WITH WAGE RISES