“The Bank of Japan (BoJ) will patiently maintain an easy monetary policy to stably and sustainably achieve the 2% price target accompanied by wage growth,” the central bank Governor Kazuo Ueda said on Wednesday.
Japan's economy picking up.
Japan's economy likely to recover moderately.
Japan's financial system stable as a whole.
Impact of US bank failures on japan's financial system was limited.
Japan's consumer inflation likely to slow toward the middle of current fiscal year.
USD/JPY is testing 142.00, catching fresh bids on the dovish comment from the BoJ Governor. The pair is up 0.40% on the day.