Gate.io data on October 25th, the President of the Bank of Japan, Kazuo Uchida, stated that the optimistic outlook for the US economy is expanding, but the market remains unstable. The market has been carefully studying Uchida’s comments on the US economy and market, he recently emphasized that the main risks for the Bank of Japan to slow down its pace of further rate hikes are the uncertainties of the US economy’s soft landing and the tense and volatile market. ‘But we need further analysis to see if this optimism will continue or if it is only temporary,’ Uchida said the Bank of Japan has enough time to carefully examine the risks facing the economy to decide when to raise rates again. He stated that the market remains unstable, with a relatively high implied volatility, implying that the Bank of Japan has not relaxed its vigilance against the recurrence of volatility risks. Regarding the yen, he said, ‘Part of the reason for the recent decline in the yen is the growing optimism about the US economy.’
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日本Merkez Bankası行长对美国经济前景谨慎乐观,警告市场仍不稳定
Gate.io data on October 25th, the President of the Bank of Japan, Kazuo Uchida, stated that the optimistic outlook for the US economy is expanding, but the market remains unstable. The market has been carefully studying Uchida’s comments on the US economy and market, he recently emphasized that the main risks for the Bank of Japan to slow down its pace of further rate hikes are the uncertainties of the US economy’s soft landing and the tense and volatile market. ‘But we need further analysis to see if this optimism will continue or if it is only temporary,’ Uchida said the Bank of Japan has enough time to carefully examine the risks facing the economy to decide when to raise rates again. He stated that the market remains unstable, with a relatively high implied volatility, implying that the Bank of Japan has not relaxed its vigilance against the recurrence of volatility risks. Regarding the yen, he said, ‘Part of the reason for the recent decline in the yen is the growing optimism about the US economy.’