BoJ Governor Kazuo Ueda, in a speech yesterday, acknowledged that while the probability of achieving the central bank’s price target is gradually increasing, it is still not high enough to justify a change in the current monetary policy. Ueda highlighted, “The likelihood of Japan’s economy getting out of the low-inflation environment and achieving our price […]
The post BoJ’s Ueda: Policy adjustment possible with strengthened wage-price relationship appeared first on Action Forex.
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