Real-time News

The U.S. Trade Representative met with the Mexican Minister of Economy to discuss joint reviews and bilateral trade relations.

Bank of Japan Deputy Governor Ryozo Himino: Foreign exchange fluctuations have a greater impact on price trends than ever before.

Bank of Japan Deputy Governor Ryozo Himino: Foreign exchange fluctuations are one of the key factors affecting the Japanese economy and prices.

Bank of Japan Deputy Governor Ryozo Himino: While considering the pace and timing of interest rate hikes, we will assess the impact of the Middle East conflict.

Bank of Japan Deputy Governor Ryozo Himino: Japan's financial environment remains loose.

Bank of Japan Deputy Governor Ryozo Himino: Despite the pressure on economic growth from rising oil prices, the overall Japanese economy remains robust due to high corporate profits and household incomes.

Bank of Japan Deputy Governor Ryozo Himino: The recent price increase is not solely driven by a temporary supply shock, and the risk of potential inflation deviating from our price target remains.

Bank of Japan Deputy Governor Ryozo Himino: Underlying inflation is close to 2%.

Samsung Electronics and SK Hynix's stock prices hit record highs.

The yield on Japan's 5-year government bond rose 2.0 basis points to 1.880%.

Bank of Japan meeting minutes: The Cabinet Office expressed its hope that the Bank of Japan's policy guidance would be consistent with the government's joint statement.

Bank of Japan meeting minutes: A representative from the Cabinet Office stated that the Bank of Japan must guide appropriate monetary policy to ensure strong economic growth and stable prices in Japan.

Bank of Japan meeting minutes: One member stated that the Bank of Japan's monetary policy does not target foreign exchange rates, which should be determined by the market.

Bank of Japan meeting minutes: One member said the Bank of Japan should maintain its loose monetary policy and avoid raising interest rates if Japan faces severe supply chain disruptions.

Bank of Japan meeting minutes: One member said that the Bank of Japan should not hesitate to accelerate the pace of interest rate hikes, for example, every few months.

Bank of Japan meeting minutes: Some members said that if the Middle East conflict continues, the Bank of Japan should raise interest rates more quickly to avoid potential inflation being too high.

Bank of Japan meeting minutes: One member said that the next meeting and subsequent interest rate hikes would depend on the magnitude of the risks to the economy and prices.

Bank of Japan meeting minutes: Several members indicated that if the likelihood of the baseline forecast being realized increases, the Bank of Japan could moderately adjust the degree of monetary policy easing.

Bank of Japan meeting minutes: Members agreed that the timing and pace of future interest rate hikes will depend on the likelihood of the Bank of Japan's benchmark forecasts being met, as well as the risks to economic growth and prices.