BoJ’s Ueda: Very worried about uncertainty over overseas economy, prices

Market news

12 March 2025

BoJ’s Ueda: Very worried about uncertainty over overseas economy, prices

The Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that he is “very worried about uncertainty over overseas economy, prices.”

Additional quotes

Underlying inflation still remains below 2%.

BoJ ready to conduct bond-buying operation nimbly in exceptional cases when long-term rates make irregular moves.

Market reaction

USD/JPY is holding gains above 148.00 following Ueda’s cautious remarks, adding 0.23% on a daily basis.

US Dollar Index Price Forecast: Key support level emerges near 103.00, oversold RSI condition eyed

UK’s Reynolds: Negotiating a wider economic agreement to eliminate additional tariffs.

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