Bank of Japan Governor Ueda Kazuo (植田 和男) said that he expects underlying inflation to remain near the 2% price stability target, while recognising some upside risks. He also expressed the view that future price developments could affect whether the Bank can maintain its accommodative monetary policy stance.
Bank of Japan Governor Ueda Kazuo (植田 和男) said on the 6th that he expects underlying inflation to remain near the 2% price stability target, while recognising some upside risks.
The remarks indicate a cautious stance on the outlook for price developments and did not address any specific policy direction or timing.