BOJ chief: Anchor inflation around target
Bank of Japan Governor Kazuo Ueda stated on Tuesday that anchoring underlying inflation around the central bank's 2% target is becoming more important, signaling a readiness to continue raising interest rates to mitigate the risk of excessively high inflation.
Bank of Japan Governor Kazuo Ueda said on Tuesday it was becoming more important to anchor underlying inflation around the central bank's 2% target, signalling readiness to keep raising interest rates to blunt the risk of too-high inflation. He said economic and price developments were moving...