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: 2025.02.21
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BoJ's Ueda: From a long-term perspective, rising rates will help improve financial institutions' profits
World FX news
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BoJ's Ueda: From a long-term perspective, rising rates will help improve financial institutions' profits
New
2025.02.21 10:35
2025.02.21 10:35
2025.02.21 10:35
Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that "from a long-term perspective, rising interest rates will help improve financial institutions' profits."
Additional quotes
BoJ's massive monetary easing, including yield curve control (YCC), was a necessary process towards achieving our price target.
We acknowledge the BoJ's massive stimulus has caused various side effects.
The rise in long-term interest rates will push up corporate funding costs but they also need to take into account how improving the economy will underpin their profits.
Survey, data on bank lending, firms' funding conditions show they are in good shape.
Accommodative monetary environment continues to support Japan's economy.
developing story ....
Last updated
: 2025.02.21
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FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
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2025.02.21 22:05Disclaimer:
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