BOJ deputy governor Uchida says will continue to raise policy rate if conditions align

Further rate hikes will depend on economic activity, prices and financial conditions
There is risk of underlying inflation deviating upwards to the level above the price target
Important for underlying inflation to stabilise around 2% level
Uncertainties remain with regards to situation in the Middle East
Need to pay close attention to how said developments will affect economy, prices
Pace of any future tightening will also depend on Middle East developments
Need to examine likelihood of realising baseline scenario in considering timing, pace of future rate hikes

More to come..

This article was written by Justin Low at investinglive.com.

Posted by 管理者