No intention from Ueda to hint at timing of policy change - report ...Middle East

There are quite a number of things to note in this report here by Reuters. The first is one of the sources stating that "there was no intention to signal anything about the timing of a policy change" amid remarks from BOJ governor Ueda yesterday. Adding that his comments were taken out of context by markets and was not meant to signal an imminent policy shift.Then, the sources also claim that recent weakness in consumption has emerged as a point of concern for the central bank in trying to take that step to normalise policy. This is mainly due to the fact that firms could start cutting prices again in response to weakened domestic demand.And the final thing to note is that the sources say th

Hence then, the article about no intention from ueda to hint at timing of policy change report was published today ( Friday 08/12/2023 - 02:05 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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