BOJ governor Ueda: Japan economy is recovering moderately but some weakness is still seen

  • Remarks by BOJ governor, Kazuo Ueda, in his press conference
BOJ AI
  • Uncertainties surrounding Japan's economy remain high
  • That includes from economy, prices, global trade policy trends
  • Must pay due attention to FX markets and its impact on economy, prices
  • FX impact has become larger than in the past
  • Firms are more keen on wage, price hikes
  • Will keep adjusting degree of easing if outlook is to be realised
  • Will guide policy from standpoint of sustainably, stably achieving price target

Just some token remarks to kick things off from Ueda. From earlier: Bank of Japan leaves policy unchanged, as expected

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