Bank of Japan Governor Kazuo Ueda: If the positive wage inflation cycle strengthens and increases the sustainability prospects of achieving the price target, we will consider changing monetary policy.

Bank of Japan Governor Kazuo Ueda: Many companies still say it is difficult to pass on costs.

Bank of Japan Governor Kazuo Ueda: Corporate profit growth is crucial to increasing household income.

Bank of Japan Governor Kazuo Ueda: The key is whether clear wage increases will continue to appear in next year’s annual wage negotiations.

Bank of Japan Governor Kazuo Ueda: We must review changes in companies’ wage and price-setting behavior.

Bank of Japan Governor Kazuo Ueda: Uncertainty about economic and price development at home and abroad is very high.

Bank of Japan Governor Kazuo Ueda: At present, the prospects for achieving the price target are not optimistic enough.

Bank of Japan Governor Kazuo Ueda: Business views on medium- and long-term price outlook show signs of change.

Bank of Japan Governor Kazuo Ueda: Carefully implement easing policies to support wage growth.

Bank of Japan Governor Kazuo Ueda: If the price target is determined, policy changes will be considered.

Bank of Japan Governor Kazuo Ueda: Appropriate policy decisions will be made.

Bank of Japan Governor Kazuo Ueda: The prospects for achieving the price target are gradually increasing.

Bank of Japan Governor Kazuo Ueda: Observed changes in corporate price setting behavior.

According to the Russian Business News Agency: Russian Central Bank Governor Nabiullina said that the central bank will still sell foreign currencies in January and the sales volume will be announced soon.

According to the Russian Business News Agency: Russian Central Bank Governor Nabiullina said that if the price of Brent crude oil rises to 88-90 US dollars per barrel, the central bank will stop selling foreign exchange and switch to buying.

Thailand’s Ministry of Trade: Exports are expected to decline by no more than 1.5% in 2023.

Thailand’s Ministry of Trade: Thailand’s rice exports reached 1 million tons in November, a year-on-year increase of 41.8%.

The main contract of coke fell by more than 2.00% during the day and is now quoted at 2522.50 yuan/ton. The main coking coal contract fell by 2.00% during the day and is currently at 1939.50 yuan/ton.

Thailand’s Ministry of Trade: Rice exports totaled 7.95 million tons between January and November.

Thailand’s Ministry of Trade: Rice exports are expected to reach the target of 8 million tons in 2023.