BOJ's Ueda says inflation rising above 2% is unacceptable, will adjust easing via rate hikes

Bank of Japan Governor Kazuo Ueda, speaking after the G20 finance ministers and central bank governors meeting in Bangkok on Oct 16, said underlying inflation is approaching 2% and stressed that inflation rising above 2% is unacceptable, indicating the BOJ will adjust the degree of easing by raising the policy rate.

Detected & updated continuously · Source: Nebula