BoJ Governor Ueda reiterates financial conditions remain accommodative

Remarks from the BoJ Governor, Kazuo Ueda Short and medium-term real interest rates are clearly negativeJapan's financial conditions remain accommodativeIncreased fiscal spending could crowd out private investment by pushing up market interest ratesNegative interest rates are leading to moderate uptrend in private capital expenditureBank of Japan Governor Kazuo Ueda reiterated that despite shifts in… Short and medium-term real interest rates are clearly negative Japan's financial conditions remain accommodative Increased fiscal spending could crowd out private investment by pushing up market in... Short and medium-term real interest rates are clearly negative Japan's financial conditions remain accommodative Increased fiscal spending could crowd out private investment by pushing up market interest rates Negative interest rates are leading to moderate uptrend in private capital expenditure Bank of Japan Governor Kazuo Ueda reiterated that despite shifts in global policy, Japan’s internal financial conditions remains deeply accommodative. Central to this view is the fact that both short… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.