BOJ to keep raising rates if inflation on track to hit 2%, deputy governor says

Bank of Japan Deputy Governor signals potential rate hikes if growth and inflation align with targets amid global policy uncertainties.

AP
Bank of Japan Deputy Governor signals potential rate hikes if growth and inflation align with targets amid global policy uncertainties.
Bank of Japan Deputy Governor Shinichi Uchida said on Monday the central bank will continue to raise interest rates if economic growth re-accelerates and underlying inflation is on track to hit its 2% target.

"There is extremely high uncertainty over the outlook for each country's trade policy and its fallout. As such, we will determine without pre-conception whether the economy and prices move in line with our forecast," Uchida told parliament.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › Stocks › News › BOJ to keep raising rates if inflation on track to hit 2%, deputy governor says
Text Size:AAA
Success
This article has been saved

*

+