BoJ's Ueda: BoJ faces task of making various efforts to sustain monetary easing – by eren_fxstreet BOJ CentralBanks
"It's very important for financial intermediation to smoothly play out in the economy," Ueda added and acknowledged that theUeda further noted that he wants to achieve the 2% inflation target during his 5-year term.USD/JPY showed no immediate reaction to these comments and was last seen trading modestly higher on the day at 132.30.Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New BoJ Governor Ueda: Discussed the need to guide policy flexibly given economic uncertaintyFollowing his meeting with Japanese Prime Minister Fumio Kishida on Monday, new Bank of Japan (BoJ) Governor Kazuo Ueda said that they discussed the n
Read more »
French prosecutors name bank chairman a suspect in Lebanese central bank probeFrench prosecutors said they have put a Lebanese banker under formal investigation, the latest move in a cross-border probe looking into whether Lebanon’s central bank governor Riad Salameh, embezzled vast sums of public funds.
Read more »
Japan’s Matsuno: BoJ will implement appropriate monetary policy in collaboration with governmentCommenting on the Bank of Japan’s (BoJ) policy outlook under the new Governorship this Monday, Japanese Cabinet Secretary Hirokazu Matsuno noted that
Read more »
Factbox: Possible next steps for BOJ policy under new governorNew Bank of Japan Governor Kazuo Ueda's main challenge will be to phase out its controversial yield curve control policy, which has come under criticism for distorting markets by keeping long-term interest rates from rising.
Read more »
Japan's new central bank chief assumes office as global risks loomJapan's new central bank governor Kazuo Ueda faces a bumpy road as slowing global growth clouds prospects for a sustained pickup in inflation and wages, a prerequisite for phasing out his predecessor's controversial monetary stimulus.
Read more »
Explainer: How does Japan's yield curve control work?New Bank of Japan Governor Kazuo Ueda's main challenge will be to phase out yield curve control (YCC), which has come under criticism for distorting markets by keeping long-term interest rates from rising.
Read more »