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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.
Even after last month's interest rate hike, accommodative financial conditions continue to support economic activity, Bank of Japan Governor Kazuo Ueda said on Tuesday.
Bank of Japan Governor Kazuo Ueda said on Tuesday that accommodative financial conditions continue to support economic activity, even after last month's interest rate hike.
Will Continue To Raise Policy Rate In Accordance With Economic, Price, Financial Developments
Underlying Inflation Approaching 2% - Japan's Financial Conditions Have Been Accommodative - Easy Monetary Conditions Expected To Be Maintained, Firmly Supporting Economy - Bank Will Continue To Raise Policy Rate And Adjust Degree Of Monetary Easing In Response To Economic Activity, Prices And Financial Condition Devel