BOJ governor Ueda: Will raise rates if forecast of underlying inflation materialises ...Middle East

Will continue to guide policy from standpoint of sustainably achieving 2% inflation targetUnderlying inflation gradually accelerating due to wage hikesWill raise rates if forecast of underlying inflation towards 2% target materialisesWill carefully examine global, domestic economic developments including US tariffsNo comment on specific FX levelsImportant for FX to move stably reflecting economic fundamentals

Nothing that we haven't heard before from Ueda as he is answering some questions from lawmakers in parliament today.

This article was written by Justin Low at www.forexlive.com.

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