Japanese Yen: BoJ flags complex oil shock risks – BNY
Par FXStreet Insights Team
Mis à jour: 27 May 2026
ARTICLES POPULAIRES
Bob Savage notes that BoJ Governor Kazuo Ueda frames current oil price shocks as a broad test of Japan’s inflation regime, amplified by Yen weakness and cost pressures.
Bob Savage notes that BoJ Governor Kazuo Ueda frames current oil price shocks as a broad test of Japan’s inflation regime, amplified by Yen weakness and cost pressures. He warns temporary shocks can become persistent via wages and expectations, underscoring policy vigilance as USD/JPY eases slightly and JGB yields edge lower.
Oil shock and Yen depreciation concerns
"BoJ Governor Kazuo Ueda has emphasized that oil price shocks are complex tests of Japan’s entire inflation regime rather than isolated events."
"He highlighted that the impact of oil shocks depends heavily on initial conditions such as wage growth, inflation expectations, exchange rates and structural factors."
"Ueda noted that Japan is currently facing a fifth oil shock, with recent shocks amplified by yen depreciation and broader cost pressures including energy, food and logistics."
"He warned that temporary shocks can become persistent if they alter wages, expectations and price-setting behavior, underscoring the need for monetary policy vigilance."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Lire la suite
