BoJ's Takata: Must maintain current massive monetary policy easing BOJ CentralBanks USDJPY InterestRate
Inflation is higher due to rising raw material costs, but Japan has yet not yet experienced sustained price increases accompanied by wage increases.If the economic slow down overseas intensifies that could be a weight on the economy of Japan and prices.
If firms remain cautious about hiking pay that could prevent Japan from having a sustained rise in inflation.USD/JPY is edging higher on the dovish BoJ commentary, trading near daily highs of 136.45, up 0.19% on the day.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator InquiriesNEW: Silvergate Bank announced it would have to delay publishing its annual report, and hinted at increased regulatory scrutiny in a new filing. nikhileshde SteveAlpher report
Read more »
BoJ deputy gov nominee Uchida: Changing 2% inflation target is unthinkableThe Bank of Japan's deputy gov nominee Uchida is crossing the wires and has stated that changing 2% inflation target is unthinkable. Key comments Will
Read more »
USD/JPY steadies above 136.00 as yields pause previous retreat, BoJ dovish stance appears safeUSD/JPY steadies above 136.00 as yields pause previous retreat, BoJ dovish stance appears safe – by anilpanchal7 USDJPY BOJ YieldCurve RiskAppetite CentralBanks
Read more »
Incoming BoJ Depty Gov Himino: Focus now should be on keeping easy policy to support economyIncoming Bank of Japan (BOJ) Deputy Governor Ryozo Himino is testifying before Japan’s parliament Upper House on Tuesday. Key quotes Minus interest ra
Read more »
Incoming BOJ deputy head Uchida brushes aside near-term tweak to easy policyIncoming Bank of Japan (BOJ) Deputy Governor Shinichi Uchida on Tuesday brushed aside the chance of an immediate overhaul of ultra-loose monetary policy, suggesting that any review of its policy framework could take about a year.
Read more »
BOJ's Wakatabe warns secular stagnation risk has yet to passCentral banks must remain on guard against the potential dangers of secular stagnation and low inflation as price rises driven by cost-push factors do not last long, Bank of Japan (BOJ) Deputy Governor Masazumi Wakatabe said on Monday.
Read more »