BoJ's Ueda to meet with China, S. Korea counterparts - Breaking The News
Download our appPlay StoreApp Store

BoJ's Ueda to meet with China, S. Korea counterparts

EPA-EFE/KIMIMASA MAYAMA

The Bank of Japan (BoJ) issued a statement on Wednesday announcing that its Governor Kazuo Ueda will meet with his counterparts from the People's Bank of China (PBoC) and Bank of Korea (BoK), Pan Gongsheng and Rhee Chang-yong, respectively.

Their encounter will be held in China on October 17 and 18.

The meeting will take place amid the ongoing instability of the yen, with Japan and South Korea already discussing the excessive moves in the foreign exchange (FX) market in the recent past.

Related Stocks
USD/JPY
Related News
BoJ's Ueda says decision on JGB holdings needs time
Bank of Japan Governor Kazuo Ueda said policymakers need more time to decide on the central bank's massive holdings of Japanese government bonds (JGBs) and exchange-traded funds purchased as part of its monetary easing program, which amounts to trillions of yen. Speaking in parliament, he emphasized the need to assess valuation risks and the potential for market instability before determining how to manage these holdings. Ueda also noted...
Bank of Japan members expect inflation to hit target
The Bank of Japan (BoJ) board members believed the chances of reaching the 2% inflation target were increasing, according to minutes from their January meeting released Tuesday. Some warned that inflation could exceed 2%, while others noted real interest rates would stay deeply negative even after a rate hike. One member suggested that if underlying inflation kept rising, the BoJ should gradually raise interest rates. Another said adjusting policy would be...
Bank of Korea warns of growing market volatility
South Korea's central bank warned that the domestic financial market will face increasing volatility, citing uncertainties around the United States Federal Reserve's monetary policy and geopolitical risks, Yonhap reported. "The Fed's meeting generally aligned with market expectations, but Powell noted that the economy is facing uncertainty and policy changes will influence the future monetary path. External uncertainties are expected to persist, given February's...
China's central bank keeps key rates unchanged
The People's Bank of China (PBoC) kept its benchmark interest rates unchanged on Thursday, matching market expectations. The 1-year Loan Prime Rate (LPR), which influences corporate loans and the 5-year LPR, which serves as a benchmark for mortgage rates, thus remained at 3.10% and 3.60%, respectively. PBoC's decision came after the United States Federal Reserve held benchmark interest rates steady.

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.