Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday, he is “mindful of the impact of the rising food prices on underlying inflation.”
Additional quotes
- Uncertainties over rice and other food prices remain high, but prices likely to settle down eventually.
- Will closely monitor price situations closely as uncertainties over global economy remain high.
Market reaction
These comments fail to move the needle around the Japanese Yen (JPY) as USD/JPY trades modestly flat on the day near 143.75, as of writing.
