Japanese Finance Minister Shunichi Suzuki spoke earlier at his regular news conference. He didn’t have much of note to say:
- Specific monetary policy up to boj to decide
- Expects the BOJ to
conduct monetary policy appropriately - Expects the BOJ to
work closely with the government - No comment on
remarks by Bank of Japan Governor Ueda
If you are unaware of the remarks from Ueda, start here:
Then, from today:
- Deutsche Bank have flipped their BOJ forecasts after Ueda’s negative rates comments
- BOJ policy adjustment could come earlier than expected
- UBS on Ueda and PBOC warning: Verbal intervention in FX needs fundamentals to back it up
Bank of Japan Governor Ueda
This article was written by Eamonn Sheridan at www.forexlive.com. Source