Bank of Japan Governor Kazuo Ueda: From a practical perspective, it is difficult for central bank officials to determine whether daily increases in long-term yields are speculative.

Institutional analysis: Bank of Japan Governor Kazuo Ueda’s remarks on the impact of a weak yen on the price outlook and the real economy were slightly cautious, but compared with the days when former Governor Haruhiko Kuroda dismissed any negative impact of a weak yen. , this is a world of difference.

Bank of Japan Governor Kazuo Ueda: We will adopt flexible operations to respond to speculative rises in yields.

Bank of Japan Governor Kazuo Ueda: We will allow greater flexibility in non-speculative market fluctuations based on fundamentals.

Gazprom: Continues to transport natural gas to Europe via Ukraine, with 42.4 million cubic meters delivered on Tuesday.

Bank of Japan Governor Kazuo Ueda: We can control speculation in the market through flexible market operations.

The Russian ruble rose above eight-week highs against the dollar.

Bank of Japan Governor Kazuo Ueda: We are gradually getting closer to achieving the price target.

Bank of Japan Governor Kazuo Ueda: The certainty that we can achieve our goals has increased.

Bank of Japan Governor Kazuo Ueda: Inflation and wage growth are still not strong enough.

Bank of Japan Governor Kazuo Ueda: The main reasons for strong inflation are imports and oil prices (higher).

Bank of Japan Governor Kazuo Ueda: Inflation is stronger than we predicted.

Bank of Japan Governor Kazuo Ueda: Today’s measures are partly the result of rising long-term interest rates in the United States.

Bank of Japan Governor Kazuo Ueda: He does not think yields will rise significantly above 1%.

Bank of Japan Governor Kazuo Ueda: Our decision today aims to make yield curve control (YCC) operations more flexible amid extreme uncertainty in the economy and financial markets.

Bank of Japan Governor Kazuo Ueda: Cost-push inflation and rising oil prices are the reasons behind it.