BOJ DepGov Uchida Will keep raising interest rates if economy, prices improve as forecast
Bank of Japan Deputy Governor Uchida:
- will keep raising interestt rates if economy, prices improve in line with our forecast
- uncertainty surrounding each country’s trade policy extremely high
- Japan’s underlying inflation likely to re-accelerate after period of slowdown in growth
- mindful that recent rise in prices have negative impact on consumption
This article was written by Eamonn Sheridan at www.forexlive.com.
