Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
7 December 2022 | Other

Nakamura says it's premature to change ultra-soft policies now

AUDJPY
EURJPY
GBPJPY
NZDJPY
USDJPY

On Wednesday, board member Toyoaki Nakamura declared that now it’s too early to change the ultra-soft monetary policy. According to him, the unstable economy needs numerous stimuli.

Nakamura admits that keeping interest rates low for too long has hurt the profit of monetary institutions. The benefit of central bank stimuli continued to outweigh the costs.

At a press conference, he said that it isn’t the time for changing the monetary policy. The recent spike in inflation was provoked largely by commodity prices, not by more expensive services.

Nakamura added that the main thing is the probability of further inflation. He isn’t yet sure that it will exceed the central bank's 2% target for the next fiscal year.




Company MarketCheese

Recommended

Japan. Manufacturing PMI. The value of the indicator has increased from 48.2 to 48.8
Today at 12:30 AM
Japan. Trade Balance. The value of the indicator has increased from ¥-234.6B to ¥-231.8B
Yesterday at 11:50 PM
Japan. National CPI (YoY). The value of the indicator has increased from 2.9% to 3%
Yesterday at 11:30 PM
United States. Nonfarm Payrolls. The value of the indicator has increased from -4K to 119K
Yesterday at 1:30 PM
United States. Unemployment Rate. The value of the indicator has increased from 4.3% to 4.4%
Yesterday at 1:30 PM
Top news
United States. Nonfarm Payrolls. The value of the indicator has increased from -4K to 119K
Yesterday at 1:30 PM
United States. Unemployment Rate. The value of the indicator has increased from 4.3% to 4.4%
Yesterday at 1:30 PM
United States. Trade Balance. The value of the indicator has increased from $-78.2B to $-59.6B
19 November
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.2%
19 November
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.2%
14 November
All news

Forecasts

AUDCAD sell
Period: 28.11.2025 Expectation: 120 pips
Defusing geopolitical tensions weighing on Brent prices
Technical analysis FA Other Indicators Hot news Fundamental analysis
Today at 06:13 AM 6
Emily_Foster
USDJPY sell
Period: 28.02.2026 Expectation: 200 pips
USDJPY selloff with 155.50 in view
FA Other Chart analysis
Today at 04:02 AM 8
McCarthy_Raymond
ETHUSD sell
Period: 05.12.2025 Expectation: 30000 pips
Chances for ETHUSD rebound increase near $2,700
Chart analysis Indicators Hot news
Yesterday at 12:27 PM 33
John_Bullard
Natural gas buy
Period: 27.11.2025 Expectation: 437 pips
Buying natural gas amid seasonal demand peak
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 10:50 AM 31
Lyra_Moonwell1
Brent sell
Period: 15.12.2025 Expectation: 150 pips
Selling Brent from resistance at $64.4
FA Other Chart analysis
Yesterday at 07:40 AM 29
McCarthy_Raymond
USDJPY buy
Period: 27.11.2025 Expectation: 270 pips
Buying USDJPY amid fiscal risks and weaker yen
Technical analysis FA Other Indicators Hot news Fundamental analysis
Yesterday at 06:46 AM 38
Emily_Foster
Go to forecasts