BOJ's Ueda: Cannot say with conviction inflation will hit 2% target sustainably
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2023-11-27 14:47
TOKYO Bank of Japan Governor Kazuo Ueda said on Monday the central bank cannot say yet with conviction

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% 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.

(Reporting by Leika Kihara; Editing by Tom Hogue)

Tags economy boj japan epus finance