News

Bank of Japan Governor Kazuo Ueda: All data before the outbreak of the Middle East conflict were in line with the Bank of Japan’s expectations, or slightly stronger than expected.

European natural gas prices once rose by more than 30% after Iran attacked a natural gas facility in Qatar.

Bank of Japan Governor Kazuo Ueda: Before the conflict in the Middle East broke out, data showed (the economy) was "on track."

Bank of Japan Governor Kazuo Ueda: He does not believe there will be systemic risks in the financial system.

Traders have increased their bets on the European Central Bank to raise interest rates, with the rate hike expected to reach 59 basis points by the end of the year.

The yield on German 2-year government bonds rose to 2.493%, a new high since August 2024.

Bank of Japan Governor Kazuo Ueda: Global market risk sentiment has eased slightly.

Bank of Japan Governor Kazuo Ueda: The secondary effects of supply shocks could lead to widespread price increases.

Bank of Japan Governor Kazuo Ueda: But the direction and general scope of the impact on potential inflation can be understood in the short term.

Bank of Japan Governor Kazuo Ueda: It is difficult to judge the impact of various events on potential prices.

Bank of Japan Governor Kazuo Ueda: The government understands the difference between underlying inflation and overall inflation, and there are no differences in its understanding of the Bank of Japan.

European natural gas prices soared 27% after an attack on Qatar's LNG plant.

Bank of Japan Governor Kazuo Ueda: Preliminary data show that wage growth in small and medium-sized enterprises may be better than in previous years.

Bank of Japan Governor Ueda Kazuo: A key point is that small businesses are on the trend of raising wages.

Switzerland's actual monthly import rate after seasonally adjustment in February was -5.1%, compared with the previous value of 1.00%.

Bank of Japan Governor Kazuo Ueda: The underlying inflation rate may fluctuate.

Bank of Japan Governor Kazuo Ueda: We will evaluate whether wage trends and corporate pricing behavior can maintain a virtuous cycle mechanism.

Bank of Japan Governor Kazuo Ueda: We need to pay attention to the fact that the impact of rising oil prices and exchange rate fluctuations on potential inflation may be more significant than after the outbreak of the Ukrainian conflict.

Bank of Japan Governor Kazuo Ueda: Soaring oil prices may push up inflation expectations and potential inflation.

Bank of Japan Governor Kazuo Ueda: Data before the conflict showed solid business and household activity.