BoJ's Uchida: Japan's economy is recovering moderately

BoJ’s Uchida: Further hikes if outlook holds

BoJ Deputy Governor Shinichi Uchida said in a speech on today that the central bank remains prepared to raise interest rates further if its current projections for growth and inflation are realized. He emphasized that the BoJ will “judge without any pre-conception” while monitoring both domestic and global conditions. Uchida highlighted rising uncertainty surrounding overseas […] The post BoJ’s Uchida: Further hikes if outlook holds appeared fir…

BoJ's Uchida: Japan's economy is recovering moderately

Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Friday that the Japanese economy is recovering moderately, albeit with some weak signs. Uchida added that the central bank will keep raising the rate if the economic outlook is met.