Central Banks
BOJ’s Ueda Highlights Risk of Inflation Falling Below Target
Kazuo Ueda
Photographer: Kim Kyung-Hoon/Reuters/Bloomberg
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New Bank of Japan Governor Kazuo Ueda struck a dovish tone once again by highlighting the risk of inflation slowing below the central bank’s target.
Comparing the risk of inflation overshooting and falling below 2%, “it’s appropriate to conduct monetary policy by focusing on the latter risk” considering economic conditions, Ueda told reporters in Washington Wednesday.