15:42:41
Kazuo Ueda, Governor of the Bank of Japan: We will not evaluate side effects individually, but will consider the balance of costs and benefits, such as the extent to which side effects offset the benefits of our policies.
15:42:38
Bank of Japan Governor Kazuo Ueda: Side effects must be predicted by weighing costs and benefits.
15:41:11
Kazuo Ueda, Governor of the Bank of Japan: A stable price target has not yet emerged.
15:40:52
Kazuo Ueda, Governor of the Bank of Japan: Various data and surveys show that the functioning of the bond market is deteriorating.
15:40:48
Bank of Japan Governor Kazuo Ueda: We need to examine whether wage growth is sustainable.
15:39:35
Kazuo Ueda, Governor of the Bank of Japan: It will take time to consider the adjustment measures to exit the easing policy.
15:37:31
Sources: Ukrainian President Volodymyr Zelenskiy will fly from Jeddah, Saudi Arabia to Hiroshima for the G7 meeting on a French government plane.
15:36:56
Kazuo Ueda, Governor of the Bank of Japan: By the middle of this fiscal year, inflation may fall back below 2%.
15:36:25
Sources: Ukrainian President Volodymyr Zelensky is on his way to Saudi Arabia for an Arab League meeting.
15:35:45
Kazuo Ueda, Governor of the Bank of Japan: We must be cautious because overseas economic growth may be lower than expected.
15:35:18
Kazuo Ueda, Governor of the Bank of Japan: A rebound in overseas economies is our baseline scenario, but there have been concerns in the market about whether the central bank will be able to balance the need to curb inflation and maintain economic growth.
15:33:18
Kazuo Ueda, Governor of the Bank of Japan: The uncertainty of the Japanese economy is extremely high.
15:33:14
Bank of Japan Governor Kazuo Ueda: The Bank of Japan will continue to implement easing policy through yield curve control.
15:32:29
Kazuo Ueda, Governor of the Bank of Japan: If necessary, further easing measures will not hesitate to be taken.
15:31:46
Kazuo Ueda, Governor of the Bank of Japan: The Bank of Japan will continue to patiently implement monetary easing.
15:30:47
Market news: Indonesia plans to set its own palm oil futures benchmark price before the end of the year.
15:24:59
Market news: Indonesia plans to issue new regulations in June to require palm oil to be traded on local exchanges to regulate local palm oil trading.
15:17:19
Statement from G7 leaders to Ukraine: Restrictions include export restrictions on industrial machinery, tools and other technology that Russia uses to rebuild its war machine.
15:15:11
Statement from G7 leaders to Ukraine: The restrictive measures we implement exclude agricultural, medical and humanitarian products and we make every effort to avoid potential impact on third-party countries.
15:13:08
Statement from G7 leaders to Ukraine: We will expand operations to ensure that all items critical to Russian operations, including those used by Russia on the battlefield, are restricted in all of our jurisdictions.