Bank of Japan Governor Ueda says keeping low rates even when underlying inflation is accelerating could result in a situation where we would be forced to hike rapidly.
Also:
- FX rates should move stably reflecting fundamentals
Ueda spoke earlier:
- Bank of Japan Governor Ueda says can’t tell right now how tariffs will impact prices
- Bank of Japan Governor Ueda says Japan’s real interest rate remains very low
As did a fellow board member:
USD/JPY rose earlier:
This article was written by Eamonn Sheridan at www.forexlive.com.Bank of Japan Governor Ueda says keeping low rates even when underlying inflation is accelerating could result in a situation where we would be forced to hike rapidly.Also:FX rates should move stably reflecting fundamentalsUeda spoke earlier:Bank of Japan Governor Ueda says can’t tell right now how tariffs will impact pricesBank of Japan Governor Ueda says Japan’s real interest rate remains very lowAs did a fellow board member:BoJ’s Nakagawa says if economic and inflation targets hit, will continue to raise ratesUSD/JPY rose earlier:The weaker yen today – U.S./Japan tariff talks steering clear of FX concerns cited
This article was written by Eamonn Sheridan at www.forexlive.com. Read MoreCentral Banks
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