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BoJ's Governor Ueda: The Risk of BoJ being behind the curve on inflation is not that big but warrants attention
Added at 12:34am
- BOJ GOV UEDA:
WE WILL SCRUTINISE AS MUCH DATA AS NEEDED TO MAKE OUR POLICY DECISION, WHICH INCLUDES NOT ONLY HARD DATA BUT CORPORATE SURVEYS
WE LACK ENOUGH DATA TO DETERMINE NEXT YEAR'S WAGE OUTLOOK AS THAT WILL DEPEND ON HOW U.S. ECONOMIC DEVELOPMENTS AFFECT JAPAN'S CORPORATE PROFITS
RISK OF BOJ BEING BEHIND THE CURVE ON INFLATION IS NOT THAT BIG BUT WARRANTS ATTENTION
RISK OF DELAY IN US ECONOMIC DATA FROM US GOVT SHUTDOWN IS A SERIOUS PROBLEM BUT WE CAN EXTRACT INFORMATION FROM OTHER SIMILAR DATA
03 Oct 2025 11:06:38 - BOJ GOV UEDA: WOULD LIKE TO GET INFORMATION FROM POLICYMAKERS, FINANCIAL INSTITUTIONS ON STATE OF U.S. ECONOMY DURING IMF MEETINGS LATER THIS MONTH
Added at 12:34am
- BOJ GOV UEDA:
CHANCE OF U.S. ECONOMY OVERSHOOTING AVERAGE FORECASTS MADE BY ECONOMISTS IS NOT ZERO
THERE IS SIGNIFICANT UNCERTAINTY REGARDING LEVEL OF JAPAN'S NEUTRAL RATE OF INTEREST
BOJ WILL COMMUNICATE CLOSELY WITH GOVT WHOEVER BECOMES NEXT PREMIER, WILL GUIDE MONETARY POLICY BASED ON ECONOMIC AND PRICE FORECASTS TO SUSTAINABLY ACHIEVE PRICE TARGET
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