BOJ governor Ueda: Underlying inflation has been gradually rising ...Middle East

Inflation is not necessarily weak if you look at other service pricesIf prices move in line with our forecasts, it would be reasonable to adjust policy and hike rates furtherHe's mainly stating that the central bank is still in a position to hike rates further from here. As for the timing, he says that it is still uncertain i.e. depends on the data. In any case, we all know that they're not going to budge on that stance. So, this isn't exactly what is needed to help the yen. This article was written by Justin Low at www.forexlive.com.

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Last updated : 26 April 2024 clock 10:37 AM

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BOJ governor Ueda: Underlying inflation has been gradually rising ...Middle East

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