BOJ's Ueda vows to keep raising rates if underlying inflation accelerates

AUD/JPY jumps to near 94.50 as investors lack clarity on BoJ’s monetary policy outlook

The post AUD/JPY jumps to near 94.50 as investors lack clarity on BoJ’s monetary policy outlook appeared on BitcoinEthereumNews.com. AUD/JPY advances for the fourth trading day in a row, while the Japanese Yen underperforms its peers on Tuesday. BoJ Ueda is confident about further monetary tightening if the underlying inflation returns to their 2% target. Investors await the outcome of the US-China trade meeting in London. The AUD/JPY pair climb…

Bank of Japan vows to keep raising rates if underlying inflation accelerates

Bank of Japan (BOJ) governor Kazuo Ueda on Tuesday (Jun 10) stressed anew the central bank’s readiness to keep raising interest rates if underlying inflation approaches its 2 per cent target.

BoJ’s Ueda: Will raise rates if we have enough confidence that underlying inflation nears 2%

Bank of Japan (BoJ) Guv Kazuo Ueda stated on Tuesday, “we will raise rate of interest if we have enough self-confidence that underlying inflation nears 2% or move 2%.” Extra quotes If economy, rates come under strong down pressure, BoJ has actually restricted space to underpin development with rate cuts with short-term rate still at 0.5%. Hidden inflation still listed below 2%. BOJ keeping genuine rates of interest unfavorable so hidden inflati…

BOJ's Ueda vows to keep raising rates if underlying inflation accelerates

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