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Bank of Japan Governor Kazuo Ueda has indicated the possibility of a rate hike in July, based on economic data available at that time. Deputy Governor Shinichi Uchida also mentioned the need to monitor financial and FX market developments for their impact on Japan's economy and prices.
🔵 BOJ DEPUTY GOVERNOR UCHIDA SIGNALS READINESS TO RAISE RATES FURTHER Bank of Japan Deputy Governor Shinichi Uchida said on Friday the central bank will "adjust the degree of monetary support" if the economy and prices move in line with its forecasts, signalling readiness to… https://t.co/CplTjtXfh5
⚠️ BOJ DEPUTY GOVERNOR UCHIDA: **MUST BE VIGILANT TO FINANCIAL, FX MARKET DEVELOPMENTS AND THEIR IMPACT ON JAPAN'S ECONOMY, PRICES **BOJ WILL DECIDE SPECIFICS ON BOND TAPERING PLAN, SIZE OF REDUCTING IN BOND BUYING WILL LIKELY BE SIGNIFICANT **JAPAN'S FINANCIAL SYSTEM REMAINS…
BOJ's Uchida: Uncertainty surrounding economic, price outlook remains high https://t.co/fmCJa3nfZh
