14 October 2022 | Other

Bank of Japan executive rejected the possibility of an interest rate increase

On Thursday the governor of the Bank of Japan Haruhiko Kuroda made a statement. In his view, currently the economic and price situation in the country is not appropriate to raise interest rates.

Kuroda expressed his opinion at a press conference after a meeting of G20 financial leaders in Washington. He said that the COVID-19 pandemic had severely damaged Japan's national economy. According to him, it is recovering now, but at a much slower speed than in countries such as the United States. Thus, he believes that it is necessary to continue supporting the economy by applying ultra-soft monetary policy.

Company MarketCheese
Period: 02.01.2026 Expectation: 740 pips
Central bank policy split drives AUDCAD higher
26 December 2025 50
Brent sell
Period: 09.01.2026 Expectation: 200 pips
Rebound won’t help Brent crude to break out of downtrend
26 December 2025 29
Period: 02.01.2026 Expectation: 1180 pips
GBPUSD set to resume uptrend after holiday break
26 December 2025 39
USDCAD neutral
Period: 28.02.2026 Expectation: 600 pips
Selling USDCAD from 1.4030
26 December 2025 21
Brent sell
Period: 31.01.2026 Expectation: 150 pips
Selling Brent crude down to $60.90
26 December 2025 22
Period: 01.01.2026 Expectation: 362 pips
Natural gas selloff amid ongoing downtrend and weak demand
25 December 2025 48
Go to forecasts