What is this news
A speech, press conference, or written statement by a top central bank or government official. No data is released. Released by Central Bank. This comes every three months (quarterly).
How important it is
These words give hints about where interest rates and policy may be heading. Sometimes they have more impact than the data itself. This is a High impact event on FxGram: JPY pairs often see sharp moves at this time.
What this data does
Generally, hawkish comments (concern about inflation, signals of keeping rates high) support the currency; dovish comments (signals of rate cuts) have the opposite effect.
This is just general knowledge (textbook), not a prediction for this release. The market may react differently. This is not buy-sell advice.