A post by @FirstSquawk on X.
BOJ CHIEF UEDA: EXPECTS RISING DOMESTIC INVESTMENT IN JAPAN, BUT EXTENT IS VERY UNCERTAIN
@FirstSquawk on X
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Bank of Japan Governor Kazuo Ueda said he expects domestic investment in Japan to rise, though he cautioned that the extent of the increase is highly uncertain. The remarks from the central bank chief point to a constructive but qualified view on capital spending, a key component of the BOJ's growth and inflation outlook. Investors will watch upcoming BOJ communications and Japanese capex data for confirmation of whether investment plans are firming enough to support the central bank's policy normalization path.
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Kazuo Ueda, Bank of Japan, Japan