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.
15:04:28
The November 2023 euro short-term interest rate (ESTR) forward contract was at 3.83%, implying a peak deposit rate of more than 3.9%.
15:03:22
Kazuo Ueda, Governor of the Bank of Japan: But not sure if government bond yields will remain unchanged when they rise.
15:03:08
Kazuo Ueda, Governor of the Bank of Japan: Various indicators show that the functioning of the bond market has improved.
14:58:02
Kazuo Ueda, Governor of the Bank of Japan: Overseas economies, especially the U.S. economy, are a very important consideration in policy decisions.
14:56:40
Kazuo Ueda, Governor of the Bank of Japan: When formulating policy, we need to consider not only the median price forecast, but also the overall situation.
14:56:18
Bank of Japan Governor Kazuo Ueda: Not just acting on key inflation forecasts.
14:54:52
Kazuo Ueda, Governor of the Bank of Japan: The probability of price forecasts is very important.
14:53:21
Bank of Japan Governor Kazuo Ueda: Inflation expectations are the most relevant indicator for achieving sustainable and stable 2% inflation.
14:48:00
Bank of Japan Governor Kazuo Ueda: Some degree of surprise may be inevitable.
14:47:40
Kazuo Ueda, Governor of the Bank of Japan: The volatility of currency stability is very important.
14:47:27
Kazuo Ueda, Governor of the Bank of Japan: It is very important for the foreign exchange market to reflect the fundamentals.
14:47:11
Kazuo Ueda, Governor of the Bank of Japan: The weak yen has both positive and negative effects.