BOJ Vows More Rate Hikes to Anchor Inflation
Bank of Japan Governor Kazuo Ueda stated that the central bank will continue raising interest rates to anchor underlying inflation around its two percent target. Speaking in Bangkok, Ueda emphasized that officials will not tolerate inflation overshooting as global economic pressures persist.
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Bank of Japan Governor Kazuo Ueda said on Friday that the central bank will keep raising interest rates to anchor inflation around its 2% target without tolerating any overshoot.
