UEDA COMMENTS ON INFLATION AND MONETARY POLICY

Tina Collins

13 Mar 2025

BOJ Governor Ueda notes underlying inflation is still somewhat below 2%.

Ueda expects underlying inflation to gradually rise as Japan’s economy recovers.

BOJ is gradually reducing its balance sheet size.

Ideal balance sheet size will be informed by overseas examples.

Japan’s monetary base and balance sheet are considered too large, prompting a slowdown in bond buying.

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CHINA FEBRUARY 2025 NEW HOME PRICES FALL 4.9% YoY, 0.1% MoM

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