US Secretary of Defense: Houthi armed attacks on Red Sea shipping "must stop" and calls on all countries to publicly condemn Houthi actions.

Bank of Japan Governor Kazuo Ueda: Markets should be able to predict our policy changes, at least to some extent.

Bank of Japan Governor Kazuo Ueda: Generally speaking, unexpected situations cannot be completely avoided.

Bank of Japan Governor Kazuo Ueda: Hopes to assess whether wage growth next spring is strong enough to support consumption.

European Central Bank Governing Council member Villeroy: Taking the risk of cutting interest rates too early will trigger a rebound in inflation.

Bank of Japan Governor Kazuo Ueda: Hopes to evaluate the results of spring wage negotiations.

Bank of Japan Governor Kazuo Ueda: Japanese consumption has shown some weakness, but overall it is continuing to recover.

Bank of Japan Governor Kazuo Ueda: He hopes to study data including wage trends to date, future wage changes and the impact on price inflation.

Bank of Japan Governor Kazuo Ueda: It’s hard to say when we will be satisfied with the data.

ECB Governing Council member Villeroy: We will be able to lower interest rates. From now on, wages will grow faster than prices.

Market News: Maritime security company Ambrey received intelligence of a possible boarding attempt 17 meters west of Aden, Yemen.

Rina Oshimo, senior strategist at Okasan Securities: Since there was not much buying before the Bank of Japan announced its decision, any negative reaction to the yen is likely to be limited. The view that the Bank of Japan is preparing to modify its easing policy has not changed, so buying at the lows is a good thing in the long run.

The Bank of France: It is expected that wage growth will exceed inflation in 2024-2025, boosting purchasing power and consumer spending.

Analysts commented on the press conference of Bank of Japan Governor Kazuo Ueda: Kazuo Ueda said that it is more likely to achieve the 2% inflation target, which opens the door to canceling the negative interest rate policy.

Bank of Japan Governor Kazuo Ueda: We will continue to communicate closely with the government and implement appropriate monetary policies.

Bank of Japan Governor Kazuo Ueda: We will review not just the data, but also hearings on the virtuous cycle of wages and prices.

Analysts commented on the press conference of Bank of Japan Governor Kazuo Ueda: Kazuo Ueda believes that we will see favorable wage growth next year. These remarks only provided some help to the yen bulls.

Bank of Japan Governor Ueda Kazuo: When determining the intensity of wage growth, not only will it attach great importance to data, but it will also focus on interviews with companies.