Governor Kazuo Ueda reiterated the Bank of Japan’s intention to raise its benchmark interest rate if underlying inflation rises toward its 2% target, in remarks that appeared carefully tuned to avoid fueling further yen weakness after the currency hit a fresh 34-year low versus the dollar.
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BOJ’s Ueda Reiterates Policy to Remain Accommodative for a While(Bloomberg) -- Bank of Japan Governor Kazuo Ueda reiterated monetary policy will stay accommodative for a while as policymakers continue to buy government...
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