Ueda Repeats Vow to Raise Rate if Prices Warrant After Yen Falls

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Kazuo Ueda News

Bloomberg,Inflation Outlook,Inflation Target

(Bloomberg) -- Governor Kazuo Ueda reiterated the Bank of Japan’s intention to raise its benchmark interest rate if underlying inflation rises toward its 2% ...

-- Governor Kazuo Ueda reiterated the Bank of Japan’s intention to raise its benchmark interest rate if underlying inflation rises toward its 2% target, in remarks that appeared carefully tuned to avoid fueling further yen weakness after the currency hit a fresh 34-year low versus the dollar.

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Ueda Repeats Vow to Raise Rate if Prices Warrant After Yen FallsGovernor Kazuo Ueda reiterated the Bank of Japan’s intention to raise its benchmark interest rate if underlying inflation rises toward its 2% target, in remarks that appeared carefully tuned to avoid fueling further yen weakness after the currency hit a fresh 34-year low versus the dollar.
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