July 31, 2024 at 07:38AM
Must pay due attention to financial, FX markets and its impact on the economy, prices
Upside risks to prices require attention
Judged it to be appropriate to adjust degree of easing
Real rates likely remain significantly negative, so easy conditions will keep supporting economy
Appropriate to taper JGB purchases in predictable manner while ensuring stability
Will keep raising rates, adjust degree of easing if current economic and price outlook will be realised
This is mostly a reiteration of the statement from earlier. Nothing that really stands out so far from Ueda. USD/JPY holding at around 152.70-80 levels currently.
This article was written by Justin Low at www.forexlive.com.
BOJ governor Ueda: Japan economy is recovering moderately