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Uncertainty is high on price outlook – Crypto News
Bank of Japan (BoJ) board member Hajime Takata is back on the wires on Wednesday, expressing his take on inflation while refraining from commenting on the exchange rate value.
Key quotes
There’s still distance to achieve 2.0% inflation target.
Question remains on sustainability of inflation expectations.
No comment on FX levels.
Stronger than expected US economy impacting on currencies.
Uncertainty is high on price outlook.
Various hard data shows Chinese economy deviating downwardly.
Market reaction
USD/JPY was last seen trading at 147.35, down 0.25% on the day.
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