BOJ's Ueda: Believe that the economy will go back to positive growth in Q4 and beyond that

“BOJ’s Ueda says he will not provide specifics on interest rates.” “BOJ’s Ueda observes a sharp recent increase in long-term interest rates.” “BOJ’s Ueda pledges increased JGB purchases in response to sudden long-term rate changes.” BOJ’s Ueda notes that the degree of monetary easing will change if trends in the economy and prices match projections BOJ’s Ueda notes the bank is monitoring firms’ wage intentions for next year

WH Sr. Adviser Hassett: I'd put Bessent top of the list for running the Fed, but Bessent doesn't want the Fed job. HASSETT: PLENTY OF ROOM FOR FED TO CUT US HASSETT: IF TRUMP PRESSURES FED ON RATES, JUST DO RIGHT THING HASSETT, ASKED IF ROOM FOR MORE THAN 25 BPS: `THAT'S CORRECT' *HASSETT: RATE CALLS WOULD BE MY JUDGMENT, WHICH TRUMP TRUSTS *HASSETT: WOULD MAKE DECISION ON RATES BASED ON MY JUDGMENT

RBA's Bullock: Did not explicitly consider case for a rate hike this meeting RBA Governor Bullock said it appears that further rate cuts are not necessary. RBA Governor Bullock said no timing has been set for any future moves; decisions will be made on a meeting-by-meeting basis. RBA’s Bullock: Inflation Persistence Could Raise Policy Questions; Discussed Circumstances In Which Further Tightening May Be Needed • Says Persistent Inflation Would “Raise Questions” For Policy RBA Governor Bullock said the board believes downside risks have eased, while upside risks have increased.