October 02, 2024 at 07:42AM
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BoJ’s Ueda has been the wires, with the following headlines landing on the terminal.
JAPAN’S ECONOMY RECOVERING MODERATELY ALBEIT WITH SOME WEAK SIGNS
TREND INFLATION, WHICH IS LIKELY STILL BELOW 2%, LIKELY TO GRADUALLY ACCELERATE
OUTLOOK FOR OVERSEAS ECONOMIES, INCLUDING U.S. ECONOMY, REMAINS UNCERTAIN
UNCERTAINTY SURROUNDING JAPAN’S ECONOMY, PRICES REMAIN HIGH
MUST BE VIGILANT TO IMPACT OF MARKET, FX MOVES AND THEIR EFFECT ON JAPAN’S ECONOMY, PRICES
IMPACT OF FX VOLATILITY ON JAPAN’S INFLATION HAS INCREASED THAN IN THE PAST
WILL GUIDE MONETARY POLICY APPROPRIATELY FROM STANDPOINT OF SUSTAINABLY, STABLY ACHIEVING 2% INFLATION TARGET
MARKETS REMAIN UNSTABLE
MUST SCRUTINISE IMPACT OF UNSTABLE MARKET ON JAPAN’S ECONOMIC AND PRICE OUTLOOK, OUR VIEW ON RISKS AND LIKELIHOOD OF ACHIEVING OUR FORECAST
MUST SCRUTINISE MARKET MOVES WITH HIGH SENSE OF URGENCY FOR TIME BEING
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This article was written by Ryan Paisey at www.forexlive.com.