Author: admin

Bank of Japan (BoJ) board member Junko Nakagawa said in his scheduled speech on Monday, “BoJ will make appropriate policy decision taking into account uncertainty surrounding trade policies remains high.”

Bank of Japan (BoJ) board member Junko Nagakawa said in his scheduled speech on Monday, “BoJ will make appropriate policy decision taking into account uncertainty surrounding trade policies remains high.”

Airlines will have to slash hundreds of more flights if shutdown continues into next week.

China has rolled back a number of restrictions on its export of critical minerals and rare earth materials to the U.S., in a sign of thawing trade tensions.

US Senate advances government funding bill to end shutdown, moving it closer toward passage by voting 60-40 in first approval on extending the enhanced Affordable Care Act subsidies.

Investors in Asia are also assessing October inflation data out from China over the weekend, which came in above expectations.

The US Senate has approved the first vote needed to reopen government, in a 60-40 vote.

Once all votes in the Senate are complete, which seems a formality now this has passed, the House will need to vote.

As I said earlier, I expect it’ll pass there too and the shut down should end within days.

This article was written by Eamonn Sheridan at investinglive.com.

BOJ policy board member Junko Nakagawa Speech at a Meeting of the Okayama Club.

Full text:

• Economic Activity, Prices, and Monetary Policy in Japan

—

Bank of Japan policy board member Junko Nakagawa said the central bank will maintain a cautious stance as trade policy risks remain elevated and inflation expectations continue to rise toward the 2% target.

Nakagawa said the BOJ would make policy decisions “appropriately” while considering the high degree of uncertainty in global trade, noting that U.S. tariffs and shifts in Chinese exports to non-U.S. markets could weigh on both the global and Japanese economies.

She said Japanese firms remain committed to capital spending despite those headwinds, a sign of resilience and confidence in the corporate sector. However, she warned that the uneven effects of inflation pose new challenges — with companies becoming more active in raising prices and wages, which may lift household inflation expectations but also strain consumer sentiment.

Nakagawa added that rising prices could eventually dampen demand, prompting firms to cut costs and hold back on further wage increases if profitability is squeezed. Still, she said the overall picture shows medium- to long-term inflation expectations edging higher, while the BOJ’s baseline view on overseas economies remains unchanged.

On the domestic front, Nakagawa noted that household consumption remains firm though spending on non-durables has softened amid higher food prices. Services demand has also stabilised after moderate gains earlier in the year.

Her remarks reinforced the BOJ’s careful, data-dependent approach as it weighs whether higher inflation expectations reflect durable wage-price dynamics or near-term cost pressures.

This article was written by Eamonn Sheridan at investinglive.com.