TOKYO, April 26 (Reuters) - Bank of Japan Governor Kazuo
Ueda said on Wednesday how the central bank should deal with
cost-push inflation will depend on economic conditions at the
time.
"In general, dealing with cost-push inflation is very
difficult for central banks. On the one hand, you'd like to curb
inflation. On the other hand, you don't want to tighten monetary
policy knowing that cost-push inflation will cool the economy,"
Ueda told parliament.
"Striking the right balance is very difficult. It depends on
economic developments at the time, including where inflation
stood at the outset," he said.
(Reporting by Leika Kihara
Editing by Shri Navaratnam)
Messaging: leika.kihara.reuters.com@reuters.net))
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