12/7/2023, 5:59 AM (Source: TeleTrader)
more TeleTrader news

BoJ's Ueda: Economic outlook uncertainties 'extremely high'

Bank of Japan Governor Kazuo Ueda stated on Thursday in the Semiannual Report on Currency and Monetary Control that when it comes to the outlook on Japan's economic activity, uncertainty is "extremely high."

"It is necessary to pay due attention to developments in financial and foreign exchange markets and their impact on Japan's economic activity and prices," he stressed.

Talking about the country's financial system, Ueda mentioned that it has remained stable, and is "likely to remain highly robust on the whole," despite the tightening of global financial conditions.

Baha Breaking News (BBN) / AY