Japan’s economic outlook and inflation concerns: BoJ’s Ueda analysis

Full Story on PiQ Suite

BoJ’s Ueda has been the wires, with the following headlines landing on the terminal.

• JAPAN’S ECONOMY RECOVERING MODERATELY ALBEIT WITH SOME WEAK SIGNS
• TREND INFLATION, WHICH IS LIKELY STILL BELOW 2%, LIKELY TO GRADUALLY ACCELERATE
• OUTLOOK FOR OVERSEAS ECONOMIES, INCLUDING U.S. ECONOMY, REMAINS UNCERTAIN
• UNCERTAINTY SURROUNDING JAPAN’S ECONOMY, PRICES REMAIN HIGH
• MUST BE VIGILANT TO IMPACT OF MARKET, FX MOVES AND THEIR EFFECT ON JAPAN’S ECONOMY, PRICES
• IMPACT OF FX VOLATILITY ON JAPAN’S INFLATION HAS INCREASED THAN IN THE PAST
• WILL GUIDE MONETARY POLICY APPROPRIATELY FROM STANDPOINT OF SUSTAINABLY, STABLY ACHIEVING 2% INFLATION TARGET
• MARKETS REMAIN UNSTABLE
• MUST SCRUTINISE IMPACT OF UNSTABLE MARKET ON JAPAN’S ECONOMIC AND PRICE OUTLOOK, OUR VIEW ON RISKS AND LIKELIHOOD OF ACHIEVING OUR FORECAST
• MUST SCRUTINISE MARKET MOVES WITH HIGH SENSE OF URGENCY FOR TIME BEING

Full Story on PiQ Suite

This article was written by Ryan Paisey at www.forexlive.com.