15:34:10
Bank of Japan Governor Kazuo Ueda: The terminal interest rate depends on Japan’s neutral interest rate.
15:33:11
Bank of Japan Governor Kazuo Ueda: There is no preset idea about the sequence of reducing bond purchases or raising interest rates.
15:27:52
Bank of Japan Governor Kazuo Ueda: We will make a judgment on unprecedented easing policy in our assessment.
15:27:31
Bank of Japan Governor Kazuo Ueda: The possibility of achieving the 2% inflation target has "finally" increased, leading to this policy change.
15:24:36
Bank of Japan Governor Kazuo Ueda: (Asked if he had any hesitation about today’s decision) Uncertainty about wages and consumption still exists.
15:23:45
Bank of Japan Governor Kazuo Ueda: I don’t know if the latest measures can be described as “normalization.”
15:22:55
Bank of Japan Governor Ueda Kazuo: The meaning of normalizing monetary policy varies from person to person.
15:21:45
Bank of Japan Governor Ueda Kazuo: He does not think the new policy can be called a "zero interest rate policy."
15:21:14
Bank of Japan Governor Kazuo Ueda: Upside risks include overshooting of inflation expectations due to forward-looking wage setting behavior by companies.
15:19:57
Bank of Japan Governor Kazuo Ueda: The unprecedented easing policy has ended.
15:19:24
Bank of Japan Governor Kazuo Ueda: There are risks to both the global economy and Japanese consumer spending.
15:18:04
Bank of Japan Governor Ueda Kazuo: Legacy issues from past policies, including huge government bond and ETF balances, still exist.
15:16:58
Bank of Japan Governor Kazuo Ueda: Large-scale monetary easing policy has worked.
15:16:29
Bank of Japan Governor Kazuo Ueda: The available wage data is only partial, and whether the upward trend in wages expands is a consideration for further policy decisions.
15:16:16
Bank of Japan Governor Kazuo Ueda: Rising wages are expected to help consumption pick up.
15:14:04
Bank of Japan Governor Kazuo Ueda: It was not just the spring wage negotiations, but also stable service prices, a bright consumption outlook, increased consumer confidence, and an upgrade in capital expenditures that led us to change our stance between January and March.
15:13:45
Bank of Japan Governor Kazuo Ueda: Private consumption is weak.
15:13:22
Bank of Japan Governor Ueda Kazuo: Always pay attention to service industry prices.
15:12:10
Bitcoin fell to US$64,000 per coin, with an intraday drop of 5.05%; Ethereum fell by more than 5.00% during the day, now trading at US$3,342 per coin.
15:11:37
Bank of Japan Governor Kazuo Ueda: If foreign exchange has a significant impact on the outlook, policy responses will be considered.