The Governor of the Bank of Japan (BoJ), Kazuo Ueda, in the press conference after the monetary policy meeting on Friday, stated that there is “nono change in the form of the monetary policy decision-making process in which we examine new data at each monetary policy meeting“
Additional comments
Companies’ wage and pricing behavior has been more positive recently.
We still do not foresee inflation reaching 2% on a stable basis.
No comments on asset price movements in the financial market.
At the next meeting in October, various pieces of information will be examined, including the extension of gasoline aid by the Government.
We will not hesitate to adopt additional relaxation measures if necessary.
In the Yomiuri interview I said that we must patiently continue the relaxation policy.
Quite high uncertainty about the economic and price outlook, as well as about currencies and financial markets.
The macroeconomic impact of the slight increase in mortgage rates is limited.
The pace of decline in the inflation rate appears somewhat slower than expected in July.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
