BOJ's Ueda says risk of inflation overshooting 2% target, won't rule out consecutive hikes

Bank of Japan Governor Kazuo Ueda said underlying inflation risks overshooting the 2% target as firms' wage and price-setting behaviour turns more aggressive, and the BOJ will keep raising rates. Asked about hiking consecutively or by more than 25bps, he said he is not ruling out any particular policy measures.

Detected & updated continuously · Source: Nebula