Bank of Japan Governor Kazuo Ueda: If we can achieve the price target, we will consider adjusting the easing policy.

Junko Nakagawa, a review member of the Bank of Japan: There is currently no preset idea on whether to end yield curve control (YCC) while exiting negative interest rates.

Bank of Japan review member Junko Nakagawa: It is very important to ensure that wages continue to rise and inflation is maintained at around 2%.

Japanese Finance Minister Shunichi Suzuki: There is no indication that foreign exchange intervention in 2022 violates regulations.

Japanese Finance Minister Shunichi Suzuki: Japan’s intervention in 2022 did not receive any complaints from other countries.

Bank of Japan review member Junko Nakagawa: When deciding to end negative interest rates, it is not necessarily necessary to wait for the results of wage negotiations for all small and medium-sized enterprises.

Japanese Finance Minister Shunichi Suzuki: Excessive foreign exchange fluctuations may cause harm to the economy.

Japanese Finance Minister Shunichi Suzuki: In principle, currency exchange rates should be determined by the market.

Japanese Finance Minister Shunichi Suzuki: It is very important to formulate foreign exchange policies in accordance with international agreements.

Bank of Japan review member Junko Nakagawa: Rising wages and the prospect of sustained wage growth are expected to support consumption.

Bank of Japan review member Junko Nakagawa: Consumption development will be a very important factor in determining when negative interest rates will end.

Bank of Japan review member Junko Nakagawa: When discussing the end of negative interest rates, the fate of other unconventional monetary easing tools should also be discussed.

Bank of Japan review member Junko Nakagawa: When deciding on policy changes, we will carefully consider whether we should analyze the data and how long the data should be analyzed.

Bank of Japan review member Junko Nakagawa: If we have to wait for the results of wage negotiations among small and medium-sized enterprises, it will take until the autumn or even longer.

Junko Nakagawa, a review member of the Bank of Japan: Whether in nominal consumption or actual consumption, the data is still weak and deserves attention.

Bank of Japan review member Junko Nakagawa: The certainty of reaching the price target is increasing.

According to Nikkei: Google has established a network security base in Tokyo.

The Malaysian ringgit rose 0.5% to 4.707 against the dollar, its highest level since January 17.

ANZ: Holding a long-term positive view on gold, it expects the average gold price to exceed US$2,000 per ounce in 2024.