Hot topics close

BoJ’s Ueda: Interest rate decision this year hinges on data

BoJs Ueda Interest rate decision this year hinges on data
BoJ’s K. Ueda was on the wires, although he declined to comment on recent FX moves.

BoJ’s K. Ueda was on the wires, although he declined to comment on recent FX moves.

Key Quotes

“Chance of sustainably, stably achieving BoJ’s 2% inflation target is in sight, likely to keep heightening”.

“BoJ will adjust level of interest rates in accordance to distance towards sustainably, stably achieving 2% inflation.”

“Whether to raise interest rates again this year will be dependent on data”.

“If we become more convinced that trend inflation will approach 2%, that will be one reason to adjust interest rates”.

“If FX moves appear to have impact on wage-inflation cycle in a way that is hard to ignore, we could respond via monetary policy.”

“No comment on recent currency moves.”

Similar news
News Archive
  • iPad Pro
    iPad Pro
    Prolong the lifespan of aging tech with a good power bank
    25 Apr 2022
    4
  • Demaryius Thomas
    Demaryius Thomas
    NFL mourns death of Demaryius Thomas: 'His greatest gift was joy'
    10 Dec 2021
    1
  • Flights to Italy
    Flights to Italy
    British Airways and Ryanair cancel all flights to Italy as travel lockdown extended to whole country
    10 Mar 2020
    6
  • Segway
    Segway
    I drove Segway's bizarre egg-shaped scooter, and it was ...
    9 Jan 2020
    1
  • Leeds United vs Arsenal
    Leeds United vs Arsenal
    Leeds 0-1 Arsenal LIVE! Premier League result, match stream, latest reaction and updates today
    15 Oct 2022
    9
  • Atalanta vs ManCity
    Atalanta vs ManCity
    Atalanta vs Man City highlights and reaction after Ederson withdrawn and Bravo sent off as Walker goes in goal
    6 Nov 2019
    5