Bank of Japan (BoJ) Governor Kazuo Ueda said on Saturday that the next interest rate hikes are 'nearing in the sense that economic data are on track, per Reuters.
Bank of Japan Governor Kazuo Ueda said on Saturday thatthe next interest rate hikes are nearing in the sense that economic data are on track, per Reuters. Key quotes I would like to see what kind of momentum the fiscal 2025 shunto creates.” There is a big question mark left on the outlook for U.S. economic policy.
The bank’s policy is based on Quantitative and Qualitative Easing , or printing notes to buy assets such as government or corporate bonds to provide liquidity. In 2016, the bank doubled down on its strategy and further loosened policy by first introducing negative interest rates and then directly controlling the yield of its 10-year government bonds. In March 2024, the BoJ lifted interest rates, effectively retreating from the ultra-loose monetary policy stance.
Centralbanks Japan Macroeconomics
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.
BOJ's Ueda says wage trends key to possible rate hikes, Nikkei reportsBOJ's Ueda says wage trends key to possible rate hikes, Nikkei reports
Read more »
BoJ’s Ueda: Japan’s economy recovering moderatelyThe Bank of Japan (BoJ) Governor Kazuo Ueda said on Monday that the Japanese economy is recovering moderately despite weak signs.
Read more »
Japanese Yen reverses part of Friday’s gains against USD after BoJ Ueda’s remarksThe Japanese Yen (JPY) drifts lower against its American counterpart and reverses a part of Friday's recovery from the lowest level since July 23 following Bank of Japan (BoJ) Governor Kazuo Ueda's remarks.
Read more »
Nvidia, bitcoin, BOJ's Ueda - what's moving marketsNvidia, bitcoin, BOJ's Ueda - what's moving markets
Read more »
BoJ’s Ueda: Technological advancements bring new risks to financial stabilityBank of Japan (BoJ) Governor Kazuo Ueda doesn’t touch upon monetary policy and economic outlook during his scheduled appearance on Thursday.
Read more »
Shares rise ahead of Nvidia results; BOJ's Ueda offers few rate hintsShares rise ahead of Nvidia results; BOJ's Ueda offers few rate hints
Read more »