BOJ governor Ueda: Underlying inflation is gradually rising towards 2%

  • Further remarks by BOJ governor, Kazuo Ueda, in his press conference
BOJ Ueda Hands
  • Japan's economy is withstanding US tariffs impact
  • Not seeing any material impact on capex, wages, and job trends
  • No need to revise July outlook report figures
  • Uncertainty remains over impact of US trade policies on forex
  • Will thoroughly examine tariffs impact on the economy, including firms' response

Overall, still nothing new from Ueda thus far as he is just mostly reaffirming their views on the outlook towards the economy and inflation. Or should I say perhaps just the majority view that is.

Top Brokers

Sponsored

General Risk Warning