Green Asia

BOJ’s Ueda: Cannot say with conviction inflation will hit 2% target sustainably

TOKYO : Bank of Japan Governor Kazuo Ueda said on Monday the central bank cannot say yet with conviction that inflation will sustainably and stably achieve its 2 per cent inflation target.

“We’re seeing some positive signs in wages and inflation. But there’s high uncertainty on whether this cycle will strengthen,” Ueda told parliament.

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