Bank of Japan Governor Ueda:
- Shared with G7 that we should be highly committed with price stability
Yeah, right. As if anyone amongst the G7 is going to say they are not committed to price stability.
More interestingly from Ueda:
- Won’t comment on interest rate situation, will closely monitor market
Yesterday we had a Bank of Japan Board member giving us the heads up that the Bank won’t intervening in the Japanese Government Bond market unless the you-know-what really hits the fan:
This article was written by Eamonn Sheridan at www.forexlive.com.
