US EditionBOJ faces pressure to ditch obscure inflation gauge, clear path to tighter policy
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
BOJ faces pressure to ditch obscure inflation gauge, clear path to tighter policy
(Corrects family name of economist in penultimate paragraph to Muguruma, not Muruguma) By Leika Kihara TOKYO (Reuters) -Pressure is mounting within the Bank of Japan to ditch a vaguely defined gauge of inflation as worries about second-round price effects prompt some board members to call for a more hawkish communication of policy and a clearer path to future rate hikes. BOJ Governor Kazuo Ueda has justified going slow on rate hikes by explainin…
Analysis:BOJ faces pressure to ditch obscure inflation gauge, clear path to tighter policy
TOKYO :Pressure is mounting within the Bank of Japan to ditch a vaguely defined gauge of inflation as worries about second-round price effects prompt some board members to call for a more hawkish communication of policy and a clearer path to future rate hikes. BOJ Governor Kazuo Ueda has justified going slow on rate hikes by explaining that “underlying inflation,” which focuses on the strength of domestic demand and wages, remains short of the c…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
