BOJ's Ueda warns of global uncertainty, keep markets guessing on next hike

Business

OSAKA :Bank of Japan Governor Kazuo Ueda said inflation was on track to durably hit the bank's target but warned of global uncertainties that could discourage firms from raising wages, leaving himself a free hand on whether to raise interest rates in October. Ueda reiterated the central bank's resolve to continue raising still-low interest rates if the economy and prices move in line with its forecasts. But he said there were various uncertainties surrounding Japan's economic outlook, such as

Tag-uri: Inflatie

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