14:51:20
Bank of Japan Governor Kazuo Ueda: Cost-push inflation (the first force) has passed its peak, and a virtuous wage-price cycle (the second force) is gradually emerging.
14:50:12
Bank of Japan Governor Kazuo Ueda: I can only say that we will make policy decisions appropriately.
14:49:23
Bank of Japan Governor Kazuo Ueda: The impact of import prices continues to exist but has passed its peak.
14:49:06
USD/JPY fell more than 0.50% on the day and is now at 147.35.
14:48:10
The main contract of the Container Shipping Index (European Line) expanded to 14% during the day and is now at 2,098 points.
14:47:45
Bank of Japan Governor Kazuo Ueda: A certain amount of information will be available before the March meeting.
14:47:15
Bank of Japan Governor Kazuo Ueda: We will pay close attention to the impact of the earthquake on macroeconomic aspects such as supply chains, tourism and consumer confidence.
14:46:21
Bank of Japan Governor Kazuo Ueda: It is still not possible to fully understand the impact of the Noto Peninsula earthquake on the economy.
14:44:43
Bank of Japan Governor Kazuo Ueda: Upcoming data will be assessed meeting by meeting.
14:44:11
Bank of Japan Governor Kazuo Ueda: The stance of carefully reviewing price trends has not changed.
14:43:44
Bank of Japan Governor Kazuo Ueda: Our confidence in achieving the price target has increased.
14:42:35
Bank of Japan Governor Kazuo Ueda: Confirmed that the economy is developing in line with our forecasts.
14:42:25
After Bank of Japan Governor Kazuo Ueda began to speak, the U.S. dollar USD/JPY fell 40 points in the short term and then rebounded slightly.
14:42:09
Bank of Japan Governor Kazuo Ueda: Considering the current prices and economic outlook, I believe we can avoid major policy disruptions.
14:40:55
Bank of Japan Governor Kazuo Ueda: When we judge that the inflation target of 2% is about to be achieved, we will review whether to continue to implement large-scale monetary easing measures, including negative interest rate policies.
14:40:27
David Finnerty, a foreign exchange analyst in Singapore: So far today, USD/JPY has failed to post a meaningful decline, which will prompt market makers to reduce the short-term cost of hedging the downside of the currency pair in the coming week.
14:40:24
The U.S. dollar fell about 30 points against the Japanese yen USD/JPY in the short term, now trading at 147.67.
14:39:24
Bank of Japan Governor Kazuo Ueda: We will carefully evaluate the data, including the status of spring wage negotiations.
14:39:03
Bank of Japan Governor Kazuo Ueda: Pay close attention to the results of spring wage negotiations.
14:38:57
Bank of Japan Governor Ueda Kazuo: I hope to confirm that a virtuous cycle of wages and prices has been formed.