Bank of Japan Governor Ueda has published remarks on the Semiannual Report on Currency and Monetary Control (the full report is published each June and December).Statement before the Committee on Financial Affairs, House of RepresentativesFull text is here (PDF) On Monetary policy, Ueda says (this in summary):now within sight that the price stability target of 2 percent would be achieved in a sustainable and stable manner toward the end of the projection period of the January 2024 Outlook Report, as various data and anecdotal information from firms had gradually shown that the virtuous cycle between wages and prices had become more solid. On this basis, the Bank considered that the policy fr
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