# BOJ Ueda signals chance of exit from easy policy before real wages rise

> The Bank of Japan governor Ueda signaled a possible exit from easy monetary policy before real wages rise. The yen slid back below 150 per dollar, trading at 150.51 on Wednesday, a level traders see as raising the chance of intervention.

- Date: 2023-11-08 · published 2023-11-08T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/33397-boj-ueda-signals-chance-of-exit-from-easy-policy-before-real-wages-rise
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A possible BOJ policy shift would strengthen the yen and weaken the dollar against it, with modest effects on dollar-priced feed commodities. Currency moves of this kind have limited direct impact on feed prices.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/asia/bojs-ueda-sees-volatile-currency-moves-cost-bond-yield-control-2023-11-08/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.