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Bank of Japan Governor Ueda says higher trend inflation likely but it'll take time

Bank of Japan Governor Ueda Trend inflation is likely to heighten ahead but it will take timeCannot set a rigid timeframe for hitting our price targetWhen uncertainty is so high, setting a timeframe for hitting the price target could have unexpected impact on marketsThe time it takes for the effect of monetary policy to appear on the economy could move a lot, though its not as long as over 10 years Premature tightening could hurt companies even in good health, may weaken economy's potentialPatie... Read More

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Content Topics

Bank

Japan

Governor

Ueda

Says

Higher

Trend

Inflation

Likely

Forex

Posted: Jun 2 2023, 01:18

Author Name: forexlive

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