Bank of Japan Governor Kazuo Ueda: If the economic situation develops as expected, we will continue to raise interest rates
The Bank of Japan maintained its policy interest rate at 0.75% and raised its medium- to long-term inflation forecast, indicating an optimistic assessment of price pressures. Governor Kazuo Ueda stated that if the economic situation develops as expected, interest rates will continue to rise. During the press conference, the US dollar slightly fell against the Japanese yen to 158.58. The market carries risks, and investment should be approached with caution
The Bank of Japan maintained its policy interest rate at 0.75% on Friday, in line with market expectations, but raised its medium- to long-term inflation forecasts, indicating a more optimistic assessment of price pressures.
The Governor of the Bank of Japan stated at the subsequent press conference that underlying inflation will continue to rise moderately, and if the economic situation develops as expected, we will continue to raise interest rates.
During the press conference, the USD/JPY exchange rate slightly declined, currently reported at 158.58.
Continuously updated
Risk warning and disclaimer
The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk.
