BOJ’s Ueda Discusses Markets With Kishida Ahead of Jackson Hole
- Meeting comes with yen around 146 and yields at nine-year high
- Central bank acknowledged FX a factor in July policy tweak
Kazuo Ueda
Photographer: Akio Kon/BloombergThis article is for subscribers only.
Prime Minister Fumio Kishida and Bank of Japan Governor Kazuo Ueda met Tuesday to discuss financial conditions amid continued yen weakness and a rise in bond yields ahead of a key gathering of central bankers in Jackson Hole later this week.
“Prime Minister Kishida asked various questions about the economic and financial situation,” Ueda told reporters after the meeting. The two didn’t particularly discuss currency moves, the governor added.