15:22:06
Bank of Japan Governor Kazuo Ueda: "Review" is different from "inspection" or "assessment" because it does not plan to change policy in the short term.
15:22:04
Bank of Japan Governor Kazuo Ueda: Not sure we will hit the 2% inflation target.
15:18:00
Kazuo Ueda, Governor of the Bank of Japan: We will continue to work on maintaining yield curve control (YCC) until the goal of price stability is achieved.
15:17:26
Kazuo Ueda, Governor of the Bank of Japan: Confidence in the outlook for prices remains low.
15:17:05
Bank of Japan Governor Kazuo Ueda: We will look at the GDP gap, inflation expectations and wage growth to determine inflation trends.
15:16:14
Bank of Japan Governor Kazuo Ueda: Many central banks are struggling to define trend inflation through a single number such as core-core CPI.
15:16:11
EUR/USD dipped below 1.10, down 0.27% on the day.
15:15:38
Kazuo Ueda, Governor of the Bank of Japan: The level of underlying inflation cannot be determined by just one indicator, not only in Japan but also in Western economies.
15:14:41
Bank of Japan Governor Kazuo Ueda: There is no easy answer to measuring underlying inflation.
15:13:27
Sony: The consumer electronics industry is expected to face tough times.
15:13:26
Bank of Japan Governor Kazuo Ueda: We want to wait until wage growth is confirmed before acting.
15:12:37
German Finance Minister Lindner: The banking framework of EU institutions is stable.
15:12:06
Bank of Japan Governor Kazuo Ueda: Rising prices need to be accompanied by growth in wages, corporate profits and employment.
15:11:27
German Finance Minister Lindner: Fiscal rules need numerical benchmarks to cut debt.
15:07:00
Sony COO: The target for this fiscal year is to sell 25 million PS5s.
15:06:11
Kazuo Ueda, Governor of the Bank of Japan: We will consider unconventional measures starting then.
15:05:19
Bank of Japan Governor Kazuo Ueda: The review will start in 1998, when deflation roughly started.
15:04:57
Bank of Japan Governor Kazuo Ueda: Stable 2% inflation likely before (next) spring wage talks.
15:03:54
Bank of Thailand: Thai economic activity may improve in April.
15:03:08
Kazuo Ueda, Governor of the Bank of Japan: The next spring wage negotiation is a very important factor to consider.