Sanaichi Uchida: Policy interest rates will continue to be raised based on economic and financial conditions

Vice Governor of the Bank of Japan, Shinichi Uchida, stated that there was no proposal to raise interest rates by 50 basis points at this meeting.

Vice Governor of the Bank of Japan, Shinichi Uchida, stated that he does not believe there is a contradiction between interest rate hikes and bond policies.

[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.