Bank of Japan Governor Ueda testimony in parliament, read from the bottom up for chronology:Other Bank of Japan Governor Ueda gave his semi-annual tes
Bank of Japan Governor Ueda testimony in parliament, read from the bottom up for chronology:
Other
Bank
of Japan Governor Ueda gave his semi-annual testimony to parliament
today. Ueda spoke extensively on the economy and policy outlooks but
the key takeaway was, unsurprisingly, that the BOJ will “patiently
maintain easy policy”. Ueda said an exit would be considered when
the Bank can expect inflation to stably and sustainably hit price
target.
I’ve
grouped Ueda’s comments spread across separate posts together above
for easy reference.
USD/JPY
did very little on the session, other major-traded FX rates were the
same. Small ranges prevailed, with traders seemingly content to wait it out until the weekend.
www.forexlive.com