The Bank of Japan (BOJ) must maintain its ultra-loose monetary policy for now to allow time to see whether the recent rise in inflation will be accompanied by higher wages, its board member Naoki Tamura said on Wednesday.
"We're now in a phase where we need to scrutinise whether Japan can achieve a positive wage-inflation cycle. As such, it's appropriate to maintain monetary easing for now," said Tamura, who is seen by markets among those in the board more keen to phase out the central bank's massive stimulus.
Kazuo Ueda, an academic nominated by the government as Kuroda's successor, will speak in parliament on Friday and next Monday, giving markets their first glimpse of his views on how soon the BOJ could phase out YCC. Facing pressure from rising global interest rates, the BOJ was forced to raise in December the implicit cap for its 10-year yield target to 0.5% from 0.25% - a move that fuelled market expectations of a near-term tweak to YCC.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
BoJ’s Amamiya: Appropriate to maintain current policy given underlying price movesBank of Japan (BoJ) Deputy Governor Masayoshi Amamiya said on Monday, “the BoJ has already shifted to a sustainable monetary easing framework, so it i
続きを読む »
USD/JPY tracks firmer yields to rise past 134.00 despite hawkish BoJ talks, mixed Japan dataUSD/JPY grinds higher around intraday top surrounding 134.35-40 amid a three-day uptrend during early Tuesday. In doing so, the Yen pair tracks the re
続きを読む »
Japan’s Lawmaker: BOJ chief nominee Ueda to testify before the Upper House on Feb 27Junichi Ishii, head of the Japanese Parliament’s Upper House steering committee, said on Tuesday that the Upper House will hold a confirmation hearing
続きを読む »
BoJ’s Tamura: Inflation likely to slow pace of increase towards latter half of next fiscal yearBank of Japan (BoJ) board member Naoki Tamura is speaking at a scheduled event on Wednesday, noting that “Japan's consumer inflation is likely to slow
続きを読む »
Asia shares creep higher, wary on Fed and BOJ outlooksTrading was slow ahead of minutes of the last Fed meeting and a reading on core inflation.
続きを読む »
BoJ's Kuroda: Wage growth likely to accelerateBank of Japan Governor Haruhiko Kuroda crossed the wires on Tuesday who has explained wage growth will likely accelerate as companies increase pay to
続きを読む »