15:28:26
French Finance Minister Le Maire: EU countries are close to reaching an agreement on fiscal rule reform.
15:27:05
Kazuo Ueda, Governor of the Bank of Japan: There may be a major shift in price views, leading to policy changes.
15:25:00
Kazuo Ueda, Governor of the Bank of Japan: The future inflation rate may be lower than 2%, although it has exceeded this target for 13 consecutive months.
15:24:46
Kazuo Ueda, Governor of the Bank of Japan: Rising stock and other asset prices may have a positive impact on consumption and capital spending, but too much may have a negative impact.
15:24:17
Kazuo Ueda, Governor of the Bank of Japan: If policy measures are taken today, they will play a role in the economy within 6 months to 1 year.
15:23:41
Kazuo Ueda, Governor of the Bank of Japan: Pay close attention to the impact of rising asset prices.
15:23:26
Kazuo Ueda, Governor of the Bank of Japan: There is a risk that the prudent policy response will lead to excessive inflation, but there is also a risk that the hasty normalization of monetary policy will cause inflation to fall short.
15:21:13
Kazuo Ueda, Governor of the Bank of Japan: Food, daily necessities and hotel prices have risen.
15:20:40
Bank of Japan Governor Kazuo Ueda: The policy target is linked to inflation, not wages.
15:20:22
Kazuo Ueda, Governor of the Bank of Japan: It is more difficult to respond to premature interest rate hikes that cause inflation to fall short of the target than to respond to excesses.
15:18:57
Kazuo Ueda, Governor of the Bank of Japan: We do not set a target for the level of wage growth.
15:17:30
Bank of Japan Governor Kazuo Ueda: Responding to lower than expected prices is more challenging than dealing with higher than expected prices.
15:17:10
Kazuo Ueda, Governor of the Bank of Japan: The possibility of an excessive rise in inflation risks is not zero.
15:16:59
According to Sky News: South African President Ramaphosa arrived in Ukraine. A delegation including Ramaphosa and leaders of several African countries will meet with Ukrainian President Zelensky and hold talks with Russian President Putin tomorrow.
15:16:45
Japanese government spokesman: The Bank of Japan is expected to implement monetary policy appropriately to achieve its price stability objective and to work closely with the government.
15:12:03
Kazuo Ueda, Governor of the Bank of Japan: In theory, low interest rates are good for the stock market.
15:06:44
Kazuo Ueda, Governor of the Bank of Japan: The global economy is expected to recover after inflation is brought under control next year.
15:06:30
Kazuo Ueda, Governor of the Bank of Japan: But it cannot be denied that the side effects (follow-up) of yield curve control (YCC) may increase.
15:05:30
Kazuo Ueda, Governor of the Bank of Japan: The side effects of the yield curve control policy have diminished.
15:04:55
ECB Governing Council Nagel: There is still a long way to go to reach the inflation target. The ECB may need to keep raising interest rates after the summer break.