Recap of Bank of Japan Governor Ueda dovish comments - staying the course for now
Reuters popped up a piece over the weekend summarising Bank of Japan Governor Uedas' messaging to the barrage of meetings last week (G7 finance leaders' meeting, the spring meetings of the International Monetary Fund and World Bank, and the ministers from the Group of 20).
- "In many countries, inflation is very high or not slowing enough. The important thing is that the situation is quite different in Japan, which I explained at the meeting,"
But he didn't slam the door shut on policy change:
- "We'll discuss all options at each of our policy meetings,"
Ueda chairs his first BOJ policy meeting next week, on April 27-28.
This article was written by Eamonn Sheridan at www.forexlive.com.from Forexlive RSS Breaking News Feed https://ift.tt/sUyvwFz
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
