BoJ Gov Ueda: BoJ Still In Middle Of Process To Raise Rate To Neutral - Chance Of Oil Shock Like 1970s Not High

BoJ Gov Ueda: Price Trend Is Slightly Below Target - Will Avoid Falling Behind Curve - Will Be Watching To See If Likelihood Rises Again - Need To Be Mindful Of Further Economic Slowdown Depending On Supply Shock Levels - Oil Prices Could Affect Prices More Than Before #OOTT Bank of Japan Governor Ueda noted that underlying inflation has not fully stabilized at the 2% level. BoJ Gov Ueda: Not Seeing Immediate Need To Raise Rates - Takes The Fact That 3 Board Members Dissented Seriously As Chair - Other Six Members Were Mindful Of Inflation Upward Risks But Not Seeing Urgency For Rate Hike Now

Bank of Japan Governor Ueda noted that conditions in the Middle East are still uncertain. BoJ's Governor Ueda: BoJ's outlook based on no major supply chain disruption. BoJ's Governor Ueda: Japan's economy recovering moderately albeit with some weakness. Bank of Japan Governor Ueda noted that Middle East uncertainty has reduced the chances of the price and economic outlook playing out as expected.

Banks tightened credit standards across all loan categories, driven by higher perceived risks and lower risk tolerance Banks expect to also tighten credit standards in the second ...