Still some distance to sustainably hit 2% inflation target By Reuters

2023-07-18 13:56:00

© Archyde.com. FILE PHOTO: Bank of Japan (BOJ) Governor Kazuo Ueda attends a news conference following their policy meeting at BOJ headquarters in Tokyo, Japan April 28, 2023. REUTERS/Issei Kato

(Archyde.com) – Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday there was still some distance to sustainably and stably achieving the central bank’s 2% inflation target.

Ueda made the remark at a news conference following a G20 finance leaders’ meeting in India, in response to a question on whether the central bank saw the need to tweak its yield curve control policy at its rate review later this month.

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