BOJ’s Ueda: Ready to hike rates if inflation, wages overshoot

TOKYO – Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday the central bank will respond appropriately, such as by raising interest rates, if faster-than-expected growth in inflation and wages warrant tightening monetary policy. At present, however, the BOJ considers it appropriate to maintain its ultra-easy monetary policy, including yield curve control, to sustainably … Continue reading BOJ’s Ueda: Ready to hike rates if inflation, wages overshoot