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26 Mar 2025

BoJ’s Koeda: We are seeing signs of progress on rising prices alongside wage hikes

The Bank of Japan (BoJ) new board member Junko Koeda said on Wednesday, “we are seeing signs of progress on rising prices alongside wage hikes.”

Additional quotes

Various indicators show underlying inflation moving towards 2% inflation sustainably.

Some effects of monetary policy steps appear with a lag.

Want to scrutinize how policy decisions so far could affect the economy.

Neutral rate is an important means in deciding monetary policy.

But need to take into account features of various data, models, and assumptions as well.

I'm not saying the BOJ should rush or not rush in raising interest rates.

Mar 26, 2025

Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.

Gold bid with Copper rising to record high on tariff threat

Gold’s price (XAU/USD) is heading to $3,020 at the time of writing on Wednesday and has turned this week’s performance positive after its initial move lower on Monday.