BOJ’s Ueda Says Need to Maintain Accommodative Monetary Environment to Support Economy

Bank of Japan (BOJ) Governor Kazuo Ueda said Friday the central bank must maintain an accommodative monetary policy to support economic growth and ensure the underlying inflation gradually moves to the 2% target.

Ueda told the Parliament that the recent increase in the consumer price index above the 2% target has been led by cost-push factors such as elevated food and fuel prices that will likely dissipate.

Story continues

The comments come a week after the bank raised the benchmark borrowing cost to 0.5%, the highest in over 16 years, and could assuage fears of a yen-led risk-off in küresel markets, including cryptocurrencies, as observed in August.

The governor, however, maintained that rate hikes will continue if the economy evolves as expected. According to ForexLive, traders see the next BOJ rate hike in July.

İlginizi Çekebilir:Gold ETF Inflows Hit Three-Year High as PAXG, XAUT Outperform Wider Crypto Market
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

ADA, XRP, SOL Dive 21% to Reverse All Gains From Trump’s Strategic Reserve Plans
Solana, Dogecoin, XRP Plunge 10% as Bloody Start to Week Sees $770M Long Liquidations
Bitcoin Miners Bitdeer, CleanSpark, Core Scientific Initiated at Outperform by KBW
Karbonizasyon Nedir Kimya?
Karbonizasyon Nedir Kimya?
Cilt Neden İltihaplanır?
Cilt Neden İltihaplanır?
Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K
İvedik Oto Tamir | © 2025 |
404 Not Found

404

Not Found

The resource requested could not be found on this server!


Proudly powered by LiteSpeed Web Server

Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.