We Will Continue to Raise the Jury, Depending on Economic and Inflation Conditions, Says President of the BoJ

El Economista

Factuality

Ownership

The Bank of Japan (BOJ, by its acronym in English) must be attentive to the risk that the increase in food prices will increase the underlying inflation, which is already approaching its target of 2%, said the governor of the BOJ, Kazuo Ueda, noting that the central bank is willing to continue raising interest rates.The BOJ keeps revenues low, as inflation expectations are between 1.5 and 2%, the highest level of the last 30 years, although stil…

Globo

Factuality

Ownership

Kazuo Ueda, however, warned that it is “highly uncertain” whether the economic projections of BoJ will be concrete or not.