BOJ Chief Flags Inflation Overshoot Risk, Stresses 2% Anchor
Bank of Japan Governor Kazuo Ueda reiterated the risk that underlying inflation could overshoot the central bank’s 2% target, stressing the importance of keeping price pressures anchored around that level.
Bank of Japan Governor Kazuo Ueda on Friday again highlighted the risk that underlying inflation could exceed the central bank’s 2% target, emphasizing the increasing importance of keeping price pressures anchored around that level. Deputy Governor Shinichi Uchida read out the speech at a meeting of Japanese…