BoJ’s Ueda: Household sentiment improving on expectations of wage hikes

Bank of Japan (BoJ) Governor Kazuo Ueda  said Wednesday that the “household sentiment is improving on expectations of wage hikes.”

Last week, the BoJ Governor said that he expects to maintain an accommodative monetary policy for the time being, fuelling a bout of intense selling in the Japanese Yen.

Market reaction

At the time of writing, USD/JPY is trading at the highest level since 1990, just shy of 152.00. The pair is up 0.21% on the day.

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• Source: https://www.fxstreet.com/news/bojs-ueda-household-sentiment-improving-on-expectations-of-wage-hikes-202403270307