Ueda: BoJ will continue raising rates if ‘outlook realised’
Governor affirms central bank’s hawkish stance ahead of this month’s monetary policy meeting
The governor of the Bank of Japan (BoJ) has said that it will continue to raise policy rates if the “outlook is realised”.
Kazuo Ueda presented his remarks today (September 3) in a document submitted to the Council on Economic and Fiscal Policy. The panel, chaired by prime minister Fumio Kishida, includes senior government officials and representatives of the private sector.
The governor noted that prices had moved “broadly in line” with the bank’s forecasts, though rising import prices had
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