BOJ’s Ueda: No pre-set idea on how review could affect future policy move By Reuters
Business

BOJ’s Ueda: No pre-set idea on how review could affect future policy move By Reuters

By Nick J Adam


© Reuters. Bank of Japan (BOJ) Governor Kazuo Ueda attends a news conference after their policy meeting at BOJ headquarters in Tokyo, Japan April 28, 2023. REUTERS/Issei Kato

TOKYO (Reuters) – Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday the central bank did not have any pre-set idea on how its scheduled policy review could affect its future monetary policy decisions.

“We will take necessary policy steps at each of our rate reviews, with an eye on financial and price developments, even while we conduct the review,” Ueda told parliament.

The BOJ last month kept ultra-low interest rates but announced a plan to review its past monetary policy moves, laying the groundwork for Ueda to gradually phase out his predecessor’s massive stimulus programme.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Education News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Nick J Adam 105178 posts