BOJ Governor Ueda says rates will keep rising despite debate
BOJ Governor Kazuo Ueda said the central bank will continue raising interest rates while financial conditions stay accommodative. He also flagged debate this month over whether upside inflation risks are increasing.
Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank will continue to raise interest rates as financial conditions remain accommodative, and debate this month whether upside inflation risks were heightening. He said underlying inflation is quite close to the BOJ's 2% target, though the discussion over whether price pressures are building will continue this month.