Ueda Repeats Vow to Raise Rate if Prices Warrant After Yen Falls

Kazuo Ueda News

Ueda Repeats Vow to Raise Rate if Prices Warrant After Yen Falls
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(Bloomberg) -- Governor Kazuo Ueda reiterated the Bank of Japan’s intention to raise its benchmark interest rate if underlying inflation rises toward its 2% ...

-- 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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