The Bank of Japan (BOJ) will maintain accommodative monetary conditions for companies, Governor Kazuo Ueda was quoted as saying at a key government meeting on Wednesday.
While dollar/yen moves have been somewhat volatile due to U.S.-Japanese interest rate differentials, Japan's long-term interest rates have moved sideways under the BOJ's yield curve control policy, a Cabinet Office official quoted Ueda as saying.
"Market sentiment continues to improve," Ueda said, according to the official, who briefed reporters on discussions at the meeting to approve the government's monthly economic report. While long-term borrowing costs are rising somewhat, interest rates for short-term borrowing and commercial paper are very low, Ueda was quoted as saying.
Ueda's quoted remarks come ahead of a closely watched BOJ policy meeting that ends on Friday, where the board will produce fresh quarterly projections and debate how much progress Japan is making in sustainably achieving its 2% inflation target.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
BoJ’s Ueda: Japan's long-term yield rate remains stable under YCCBank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday, “Japan's long-term yield rate remains stable under the yield curve control (YCC) policy,” a
Baca lebih lajut »
USD/JPY could trundle slightly higher on a non-event BoJ meeting – CoGenKit Juckes, Chief Global FX Strategist, analyzes JPY outlook ahead of the BoJ meeting. All about yields as the BoJ sits on its hands Friday’s BoJ meet
Baca lebih lajut »
EUR/JPY holds ground above 156.40 mark ahead of the BoJ, ECB rate decisionsThe EUR/JPY pair holds ground near 156.40 during the early Asian session on Tuesday. The cross consolidates its recent losses following the downbeat G
Baca lebih lajut »
GBP/JPY looks to regain 182.00 as risk profile improves, focus on China stimulus, BoJGBP/JPY picks up bids to refresh intraday high near 181.75 heading into Tuesday’s London open as upbeat market sentiment recalls the buyers after a do
Baca lebih lajut »
USD/JPY: Yen will likely soften on a dovish BoJ policy outcome – RabobankEconomists at Rabobank discuss the possibility of a tweak in the BoJ’s ultra-easy monetary policy and its implications for the Japanese Yen (JPY). Sig
Baca lebih lajut »
EUR/JPY declines towards 155.00 amid anxiety ahead of ECB-BoJ policyThe EUR/JPY pair has come out of the woods and is declining towards the immediate support of 155.00 in the European session. The cross is expected to
Baca lebih lajut »