BOJ'S UEDA: WAGE TRENDS KEY TO POSSIBLE RATE HIKE
Bank of Japan (BoJ) Governor Kazuo Ueda said on Saturday that the next interest rate hikes are "nearing in the sense that economic data are on track, per Reuters.
Key quotes
"I would like to see what kind of momentum the fiscal 2025 shunto (spring wage negotiation) creates.”
"There is a big question mark left on the outlook for U.S. economic policy.”
“We will adjust the degree of monetary easing at the appropriate time if we become confident or certain that the economy will move as forecasted by our economic and price outlook — particularly that the underlying inflation rises toward 2%.”
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