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Senior BoJ official: BoJ will continue to scrutinize market developments and their impact on Japan

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Senior BoJ official: BoJ will continue to scrutinize market developments and their impact on Japan

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New update 2025.04.15 10:38
Senior BoJ official: BoJ will continue to scrutinize market developments and their impact on Japan

update 2025.04.15 10:38

A senior Bank of Japan (BoJ) official crossed the wires in the last hour, citing US President Donald Trump's tariffs as a cause of volatile market moves.

Key quotes:

  • Markets, particularly US stocks, and long-term interest rates, making volatile moves due in part to U.S. tariff policy.
  • Unlike during the global financial crisis, we are not seeing a sharp shrinkage of liquidity.
  • BOJ will continue to scrutinize market developments and their impact on Japan, and overseas economies.

Market reaction:

The Japanese Yen (JPY) retains its negative bias, which, along with a modest US Dollar (USD) uptick, keeps the USD/JPY pair well bid just below the mid-143.00s.


Date

Created

 : 2025.04.15

Update

Last updated

 : 2025.04.15

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