BoJ Governor Ueda (post-policy presser) says Japan's economy likely continues to grow moderately

Governor Ueda's comments suggest that the Bank of Japan maintains a supportive policy stance to foster moderate economic growth, despite acknowledging some underlying weaknesses.

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Newsquawk Daily European Equity Opening News - 23rd January 2026

BoJ Governor Ueda (post-policy presser) says it will take a while before the full impact of tightening is seen across the economy, conditions remain accommodative after the December move

BoJ Governor Ueda (post-policy presser) says Japan's economy likely continues to grow moderately

China's Commerce Minister will work to drive new growth points in service consumption

Newsquawk Daily European Opening News - 23rd January 2026

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Economy:

  • Loose policy stance will help economic growth.
  • Economy recovering gradually, though there is some weakness.
  • Will keep raising rates if the economic outlook is realized.

Economic forecasts:

  • Takata and Tamura proposed revisions to the outlook report.
Context

The indication that the BoJ is prepared to raise rates if the economic outlook improves highlights a potential shift toward a tighter monetary policy if growth expectations solidify, which could impact both the JPY and broader market sentiment.

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