BOJ may raise rates in July depending on data, says Governor Ueda
In a parliamentary address on Tuesday, Bank of Japan Governor Kazuo Ueda hinted at the possibility of an upcoming interest rate increase, contingent upon forthcoming economic indicators. Ueda emphasized the necessity for further evaluation to asce...
By Reuters | Updated:
AFP
Bank of Japan Governor Kazuo Ueda said on Tuesday there was a chance the central bank could raise interest rates next month, depending on the economic data available at the time.
Speaking in parliament, Ueda also said the central bank needs to spend "a bit more time" to judge whether underlying inflation is on track to sustainably achieve its 2% target.
Speaking in parliament, Ueda also said the central bank needs to spend "a bit more time" to judge whether underlying inflation is on track to sustainably achieve its 2% target.
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