- BoJ’s Ueda: Fully possible to seek exit from stimulus while striving to achieve 2% inflation target
Market news
7 tháng 3 2024
BoJ’s Ueda: Fully possible to seek exit from stimulus while striving to achieve 2% inflation target
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday, it is “fully possible to seek exit from stimulus while striving to achieve 2% inflation target.”
Additional comments
Will consider rolling back massive stimulus programme once positive cycle of wages and inflation is confirmed.
Likelihood of achieving 2% inflation gradually rising.
The extent of rate hikes would be determined by situation at the time in case negative rates are lifted.
Market reaction
USD/JPY was last seen trading 0.50% lower at 148.60.
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