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BoJ Gov Ueda: Price Trend Is Slightly Below Target; Will Avoid Falling Behind Curve
BoJ Gov Ueda: Price Trend Is Slightly Below Target
— FinSquawk (@finsquawk_) April 28, 2026
- Will Avoid Falling Behind Curve
- Will Be Watching To See If Likelihood Rises Again
- Need To Be Mindful Of Further Economic Slowdown Depending On Supply Shock Levels
- Oil Prices Could Affect Prices More Than Before #OOTT
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Bank of Japan Governor Ueda noted that underlying inflation has not fully stabilized at the 2% level.
— First Squawk (@FirstSquawk) April 28, 2026
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BoJ Gov Ueda: Not Seeing Immediate Need To Raise Rates
— FinSquawk (@finsquawk_) April 28, 2026
- Takes The Fact That 3 Board Members Dissented Seriously As Chair
- Other Six Members Were Mindful Of Inflation Upward Risks But Not Seeing Urgency For Rate Hike Now
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From @finsquawk_|Apr 28, 2026|2 commentsBoJ Gov Ueda: BoJ Still In Middle Of Process To Raise Rate To Neutral - Chance Of Oil Shock Like 1970s Not High - If Trend Inflation Overshoot 2% By A Big Margin Then A Strong Tightening Could Be Required #OOTT
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