Market news
27.02.2023, 05:45

BoJ Gov Nominee Ueda: Possible to push up prices, wages with monetary easing

Bank of Japan (BoJ) Governor designate Kazuo Ueda is shedding more light on the monetary policy during his appearance on Monday.

Key quotes

Possible to push up prices, wages with monetary easing.

Trend inflation must heighten sharply for boj to shift to monetary tightening.

It's not as if I have no ideas on how to tweak policy in future, but what exactly the BoJ will do will change depending on future economic developments.

Interest rates remain low under current monetary easing, helping corporate investment.

Monetary policy alone cannot raise prices immediately .

Inflation is not determined by monetary policy alone.

If external shock is big and prolonged, big monetary easing may not necessarily lead to price rises.

BoJ-govt joint statement's mention of need for govt to sustain market trust in long-term finances is important.

BoJ has purchased JGBs as part of efforts to achieve 2% inflation target.

© 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.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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
Feedback
Live Chat E-mail
Up
Choose your language / location