- Analytics
- News and Tools
- Market News
- BoJ’s Ueda: Don't think balance sheet composition is a normal one but BoJ must maintain it
BoJ’s Ueda: Don't think balance sheet composition is a normal one but BoJ must maintain it
Bank of Japan (BoJ) Governor Kazuo Ueda is delivering some comments on the central bank’s balance sheet on Thursday.
Key quotes
Don't think BoJ current balance sheet, which consists of massive JGBs and ETFs, is a normal one for a central bank.
The BoJ must maintain current balance sheet composition until inflation stably, sustainably hits its 2% target.
Market reaction
On the above comments, USD/JPY is defending minor bids near 139.50, having retreated from six-month highs of 139.71 reached earlier in the Asian session.
© 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
