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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.
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.