BOJ's Ueda: Told G20 that Japan will keep monetary policy ultra-loose

Kitco Media
By Reuters
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Updated:
Reuters
WASHINGTON, April 13 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Thursday he told his G20 counterparts the central bank will likely keep monetary policy ultra-loose to stably and sustainably achieve its 2% inflation target. "Core consumer inflation, which is now around 3%, is likely to slow below 2% towards the latter half of this fiscal year," Ueda told a news conference after attending the G20 finance leaders' gathering in Washington. (Reporting by Leika Kihara Editing by Shri Navaratnam)

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