BOJ's Ueda: Ready to hike rates if inflation, wages overshoot

Kitco Media
By Reuters
Published:
Updated:
Reuters
TOKYO, April 25 (Reuters) - Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday the central bank will respond appropriately, such as by raising interest rates, if faster-than-expected growth in inflation and wages warrant tightening monetary policy. At present, however, the BOJ considers it appropriate to maintain its ultra-easy monetary policy, including yield curve control, to sustainably and stably achieve its 2% inflation target, Ueda told parliament. (Reporting by Leika Kihara; Editing by Christopher Cushing)

Messaging: leika.kihara.reuters.com@reuters.net))
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