Bank of Japan Governor Kazuo Ueda: Workers’ wage demands have exceeded last year’s level.

Bank of Japan Governor Kazuo Ueda: The outcome of this year’s annual wage negotiations is key when judging whether the sustained achievement of the 2% inflation target can be foreseen.

Bank of Japan Governor Kazuo Ueda: Japanese companies have strong capital expenditure plans and these plans may eventually be implemented.

New Zealand Fed Vice Chairman Hawkesby: There is no plan to cut interest rates at the moment, but a rate cut will be made at some point in the future.

Hawkesby, deputy chairman of the Reserve Bank of New Zealand: On the issue of inflation, we are on the right path and must stick to our policy.

Hawkesby, Vice Chairman of the Reserve Bank of New Zealand: We don’t have much room for maneuver given the future inflationary shocks.

Hawkesby, Vice Chairman of the Reserve Bank of New Zealand: We believe that the current output gap is approximately zero, or slightly negative.

Bank of Japan Governor Kazuo Ueda: It is currently impossible to see whether the inflation target has been achieved.

Hawkesby, deputy chairman of the Reserve Bank of New Zealand: Even if the output gap is negative, policy still needs to remain tight.

New Zealand Fed Vice Chairman Hawkesby: Policy will remain tight for some time to come.

Hawkesby, Vice Chairman of the Reserve Bank of New Zealand: Restrictive policies are needed to ensure that inflation expectations remain stable at 2%.

Brazilian Finance Minister Haddad: The decline in global inflation is real and consistent.

Bank of Japan Governor Kazuo Ueda: Japan’s economy will continue to recover gradually.

Bank of Japan Governor Kazuo Ueda: Wage negotiations will provide support (for inflation targets).

Bank of Japan Governor Kazuo Ueda: Inflation is slowing rapidly.

US President Biden: The Senate needs to reconsider the bipartisan border policy agreement.

Japanese Vice Minister of Finance Masato Kanda: The G20 discussed the conflict in Ukraine but failed to reach agreement on the wording.

The CEO of The Vanguard Group will retire at the end of the year.

In the week ending February 24, foreign central banks held US$21.218 billion in US Treasury bonds, compared with US$1.919 billion in the previous week.

New York Community Bank (NYCB): Completed goodwill impairment assessment on February 23.