
Bank of Japan's Governor Ueda emphasized maintaining the current monetary policy stance, including continuing to buy the same amount of Japanese government bonds (JGBs) as before. Ueda mentioned that the central bank will consider various measures, such as past policies, if further easing is required. He also noted the importance of stable inflation and the potential need for policy adjustments if price outlook overshoots. Additionally, discussions on wage hikes, inflation targets, and the impact of currency fluctuations on the economy were highlighted during the press conference.

Japan Finmin Suzuki says monitoring FX with high sense of urgency https://t.co/zIfm5vEkwo https://t.co/AiW7HuhCCV
๐ด BOJ GOVERNOR UEDA: PROPOSALS EXIST TO REDUCE BOJ'S ETF HOLDINGS, BUT I WON'T COMMENT ON INDIVIDUAL PROPOSALS.
๐ด BOJ GOVERNOR UEDA OUTLINES PLAN TO MINIMIZE LOSSES AND MARKET DISRUPTIONS IN SELLING BOJ'S ETF HOLDINGS