- Analytics
- News and Tools
- Market News
- BOJ’s Uchida: Benefits of Japan’s easy policy have spread across the economy
BOJ’s Uchida: Benefits of Japan’s easy policy have spread across the economy
Bank of Japan (BOJ) Executive Director Shinichi Uchida is defending Japan’s ultra-loose monetary policy, citing that the benefits of BOJ’s easy policy have spread across the economy.
Additional quotes
Japan's low interest rates are reflection of its low economic growth, subdued inflation
It's true BOJ’s monetary policy is partly behind low long-term, super-long yields.
BOJ’s analyses have shown excessive decline in super-long yields would have negative impact on economy.
BOJ’s monetary easing has helped create jobs, prop up economic activity.
Earlier on, BOJ policymaker Asahi Noguchi said, “BOJ must maintain an easy policy to ensure labor market improves and lead to an appropriate level of wage growth.”
Market reaction
USD/JPY is keeping its recovery mode intact towards 124.00, as the renewed weakness in the US dollar and Treasury yields make it an uphill battle for bulls.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
