BoJ’s Ueda: Chances are high for accommodative conditions to stay

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BoJ’s Ueda: Chances are high for accommodative conditions to stay

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    Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday, “chances are high for accommodative conditions to stay even if negative rates are abandoned.”

    Will pay heed to the health of BOJ balance sheet if exit from stimulus policy draws near.

    No comment on forex reserves special account management which is under govt jurisdictions.

    At the press time, USD/JPY is consolidating the rally to ten-week highs of 149.41, modestly flat on the day.

    [/s2If]

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