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Top related persons:
Kazuo Ueda - 1 Issei Kato - 1 BOJ Ueda - 1 Ueda - 1 YCC - 1 Leika Kihara - 1 Lincoln - 1 Sam Holmes - 1
Top related locs:
Tokyo Japan TOKYO
Top related orgs:
of Japan - 1 REUTERS - 1 Bank of Japan - 1 . - 1 Thomson - 1

Search resuls for: "BOJ Ueda"


2 mentions found


☆ BOJ Ueda signals chance of exit from easy policy before real wages rise
  + stars: | 2023-11-08 | by ( Leika Kihara | ) www.reuters.com   time to read: +3 min
Bank of Japan (BOJ) Governor Kazuo Ueda attends a news conference after their policy meeting at BOJ headquarters in Tokyo, Japan April 28, 2023. "Real wages would likely have turned positive when a positive wage-inflation cycle kicks off," Ueda said. "But in terms of how long we maintain our massive monetary easing ... real wages don't necessarily have to turn positive before that decision is made," he said. "The decision (of ending ultra-loose policy) could be made if we can foresee with some certainty that real wages will turn positive ahead," Ueda told parliament. Ueda said the pass-through of rising import prices must dissipate and that wages and inflation needed to rise in tandem for the BOJ to consider exiting ultra-easy policy.
Persons: Kazuo Ueda, Issei Kato, BOJ Ueda, Ueda, YCC, Leika Kihara, Lincoln, Sam Holmes Organizations: of Japan, REUTERS, Bank of Japan, ., Thomson Locations: Tokyo, Japan, TOKYO
☆ Japan's wholesale inflation slows, may ease pressure on BOJ
  + stars: | 2023-05-15 | by ( Leika Kihara | ) www.reuters.com   time to read: +2 min
The data may diminish market expectations that broadening inflationary pressure will prod the Bank of Japan to seek an early exit from ultra-low interest rates. "Having said that, we'll likely see price growth slow as import-driven inflationary pressure is already subsiding." Analysts are closely watching moves in wholesale prices, considered a leading indicator of consumer price trends, for clues on whether consumer inflation will heighten enough for the BOJ to phase out its massive stimulus. Japan's core consumer inflation hit 3.1% in March and an index excluding fuel costs rose at the fastest annual pace in four decades in a sign of broadening price pressure. BOJ Governor Kazuo Ueda has said the central bank will keep monetary policy ultra-loose unless the recent rise in consumer inflation is driven more by robust domestic demand, and accompanied by higher wage growth.
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