BOJ to keep raising interest rates if economy on track, Governor Ueda says
Business
TOKYO :Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will continue to raise interest rates if economic and price developments move in line with its projections. Ueda said Japan's recent "very high" inflation was driven mostly by temporary factors such as rising import costs and food prices, which are likely to dissipate. A tightening job market and improvements in the economy will likely continue to push up wages and broader prices, he added. "We expect underlying
astăzi