BOJ chief calls for more focus on anchoring inflation around target
Ueda said the BOJ will keep raising borrowing costs as rising inflation expectations and price pressures threaten to push inflation above target.
9 Articles
9 Articles
The head of the Bank of Japan, Kazuo Oueda, stated that it was important to stabilize the country's basic inflation near the BC target of 2%, making it clear that he was ready for further increases in the key rate, and that Bloomberg was transferring it.
Channel News Asia
WTVBBOJ chief calls for more focus on anchoring inflation around target
TOKYO, Oct 6 : Bank of Japan Governor Kazuo Ueda said on Tuesday it was becoming more important to anchor underlying inflation around the central bank's 2 per cent target, signalling readiness to keep raising interest rates to blunt the risk of too-high inflation.Economic and price developments were moving in
On June 6, Bank of Japan Governor Kazuo Ueda addressed the National Securities Convention held in Tokyo, stating, "We will continue to raise policy interest rates and adjust the degree of monetary easing in accordance with economic, price, and financial conditions," reiterating the Bank of Japan's stance of continuing to raise interest rates.
BoJ Ueda Shifts Focus to Anchoring Inflation as 2% Target Comes Into Reach - ActionForex
BoJ Governor Kazuo Ueda said it has become increasingly important to anchor underlying inflation around the 2% target, signalling that the Bank’s focus is shifting from achieving durable inflation to preventing it from overshooting. Speaking at an annual meeting of securities firms, Ueda said economic and price developments were moving in line with the BoJ’s […] The post BoJ Ueda Shifts Focus to Anchoring Inflation as 2% Target Comes Into Reach …
Bank of Japan (BOJ) Governor Kazuo Ueda stated that core inflation is nearing the 2 percent target, and that the bank will continue to raise the policy interest rate depending on developments in economic activity, prices, and financial conditions...
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
