At the National Securities Conference, BOJ Governor Ueda (植田 和男) said that stabilizing underlying inflation at around 2% had become more important than before, and warned of upside risks. He said the policy would be to continue raising the policy rate and adjust the degree of monetary accommodation.
In remarks at the National Securities Conference, Bank of Japan Governor Kazuo Ueda (植田 和男) reiterated the importance of stabilizing underlying inflation at around 2%. Based on his previous view, he stated that it had become more important than before to stabilize the underlying inflation rate at around 2%.
Ueda (植田 和男) repeated his previous view that there was a risk that underlying inflation would rise above the 2% price stability target, and said of future monetary policy: “We will continue to raise the policy rate and adjust the degree of monetary accommodation.”