Sanaichi Uchida: Japan's economy has moderately recovered
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Vice Governor of the Bank of Japan, Shinichi Uchida, stated that the Japanese economy has moderately recovered, although some areas have shown some weakness.
[Iranian Foreign Minister Araghchi stated that a new round of negotiations between Iran and the United States may take place on the 19th in Switzerland]
According to a report by Iran's Tasnim News Agency on the 16th, Iranian Foreign Minister Araghchi stated that a new round of negotiations between Iran and the United States may begin on the 19th in Switzerland, with the specific location yet to be determined.
According to a report by Caixin News Agency, Russell Investment Strategist pointed out that the US economy has sufficient resilience and labor demand has rebounded, making it significantly more difficult for the Federal Reserve to signal interest rate cuts. Institutions generally expect that the Federal Reserve will not raise interest rates again.
Shinichi Ueda, deputy governor of the Bank of Japan, said that the annual purchase of 2 trillion yen of treasury bond was enough to adjust the balance sheet.
QatarEnergy informed the buyer that it plans to restore 50% LNG production capacity within one month and 80% production capacity within two months after the safety of shipping in the Strait of Hormuz is restored. The remaining production capacity corresponds to the two liquefaction production lines damaged by Iranian missile attacks in March, and it will take several years to fully recover. The plan is based on the restoration of safe shipping in the Strait of Hormuz.
Vice Governor of the Bank of Japan, Shinichi Uchida, stated that when evaluating monetary policy, the Bank of Japan not only focuses on the level of real or policy interest rates, but also on the overall loose monetary environment.
