BOJ's Ueda says 'very likely' to hike rates if inflation keeps rising
WASHINGTON - Bank of Japan Governor Kazuo Ueda said on Friday the central bank will"very likely" be raising interest rates if underlying inflation continued to go up.
"We will proceed cautiously, initially assessing the impact of our recent policy changes on the economy and inflation, then considering further adjustment as deemed appropriately," Ueda said in a seminar hosted by the Peterson Institute for International Economics.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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