BOJ on quest for better communication as more rate hikes loom

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WASHINGTON: Aside from the mixed policy signals dropped during his trip to the International Monetary Fund and World Bank meetings in Washington, Bank of Japan Governor Kazuo Ueda offered a glimpse of how the central bank was doing some soul searching on ways to better communicate with markets.

There were no such events planned in July where BOJ board members could have used to communicate their views to markets.

Reserve Bank of New Zealand Governor Adrian Orr seemed to agree, explaining how central banks "need to tell a story that people can understand".

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapanNew Zealand

Topics: Governor Policy July Members Meetings Board Market Events Communication Monetary Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 13:01:24 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 910 words

Reading Time: 6 minutes read

Sentences: 37 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23278812

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Main Topics: EconomyBusiness

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