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BOJ to raise rates if price outlooks to be achieved, deputy governor says

by Swedan Margen

BOJ to raise rates if price outlooks to be achieved, deputy governor says

The Bank of Japan would continue raising interest rates if the central bank’s outlooks on the economy and prices are likely to be achieved, BOJ Deputy Governor Shinichi Uchida said on Monday.

“We’ll continue to access economic and financial market situations at home and abroad,” Uchida told parliament.

“If our economic and price outlooks are to be achieved, we will adjust the degree of monetary easing by raising policy rates,” he said. REUTERS

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BOJ to raise rates if price outlooks to be achieved, deputy governor says - L'Officiel Lifestyle