15:35:39
Kazuo Ueda, Governor of the Bank of Japan: Our position is that we will not control the foreign exchange rate through monetary policy.
15:35:11
Bank of Japan Governor Kazuo Ueda: The risks of a soft landing for the U.S. economy have become greater.
15:34:32
Kazuo Ueda, Governor of the Bank of Japan: The momentum of endogenous, demand-driven inflation is gradually increasing.
15:31:03
Bank of Japan Governor Kazuo Ueda: A soft landing of the U.S. economy is our main scenario forecast.
15:26:25
Bank of Japan Governor Kazuo Ueda: (When asked whether continued monetary easing is needed) Decisions will be made based on the most ideal path to achieve the inflation target.
15:24:48
Bank of Japan Governor Kazuo Ueda: Will analyze how the US economy will affect wage negotiations next spring.
15:15:18
Bank of Japan Governor Kazuo Ueda: We will focus on demand-side data such as consumption and capital expenditure to predict changes in the output gap.
15:11:47
Bank of Japan Governor Kazuo Ueda: Key focuses include service price trends, the next round of wage negotiations and the recovery of consumer spending.
15:11:28
Bank of Japan Governor Kazuo Ueda: No comment on the comments of the LDP candidate. Will continue to communicate fully with the new cabinet.
15:11:14
Bank of Japan Governor Kazuo Ueda: We are closely watching whether the momentum of wage growth will continue, whether service prices will continue to reflect wage growth, and whether consumption will remain strong in the fall and beyond.
15:11:01
Kazuo Ueda, Governor of the Bank of Japan: We are very concerned about consumption trends because strong consumption is a necessary condition for continued increases in service prices.
15:09:35
Bank of Japan Governor Kazuo Ueda: Import price inflation caused by the weak yen will mostly dissipate.
15:02:08
Bank of Japan Governor Kazuo Ueda: More frequent communication on our views on the price outlook and the possibility of achieving our inflation target would be helpful.
15:00:45
Bank of Japan Governor Kazuo Ueda: We realize that more efforts are needed to change market expectations as the policy interest rate has truly shifted from long-term zero or negative interest rates to positive interest rates.
15:00:14
Ukraine said it shot down 61 Russian drones and one missile during the night.
14:59:29
Bank of Japan Governor Kazuo Ueda: In view of recent market fluctuations, we will maintain close communication with the market.
14:58:50
Bank of Japan Governor Kazuo Ueda: The risk of rising import prices has become smaller.
14:53:45
Bank of Japan Governor Kazuo Ueda: Pay attention to the impact of the latest minimum wage standard on the wages of part-time workers.
14:52:39
Gazprom: Will continue to supply natural gas to Europe through Ukraine, with volumes reaching 42.4 million cubic meters on Friday.
14:51:04
Kazuo Ueda, Governor of the Bank of Japan: We are at a stage where we are deepening our understanding of the neutral interest rate while paying attention to the impact of interest rate hikes on the economy.