The Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that he is “very worried about uncertainty over overseas economy, prices.”
Additional quotes
Underlying inflation still remains below 2%.
BoJ ready to conduct bond-buying operation nimbly in exceptional cases when long-term rates make irregular moves.
Market reaction
USD/JPY is holding gains above 148.00 following Ueda’s cautious remarks, adding 0.23% on a daily basis.