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If Japan’s economy and prices progress as expected, Uchida will continue increasing interest rates while acknowledging trade uncertainties
Interest rates may rise if economy improves; inflation to pick up despite consumption hit from higher prices.
If economic conditions and prices align with predictions, Uchida indicates that interest rates will rise
BOJ may raise interest rates amid economic recovery; inflation uncertainty and consumption impact remain concerns.
China’s April home prices remained stable month-on-month, with a year-on-year decline of 4%
China’s housing market remains weak, with home prices flat monthly and declining 4% year-over-year in April.
The USD/JPY pair fell to approximately 144.80, indicating increased selling amid heightened safe-haven interest
The PBOC sets the USD/CNY rate at 7.1916, injecting 135 billion yuan through repos
