BOJ will hike rates if trend inflation accelerates, says Gov Ueda
TOKYO - Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank will raise interest rates if trend inflation accelerates in line with its forecast.
"If our price forecasts change, that would also be a reason to change monetary policy. But we don't have any preset idea on the specific timing and pace" of rate hikes, Ueda told parliament.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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