BOJ Governor Ueda's Stance on Monetary Policy Going Forward

Tuesday, 19 March 2024, 06:47

BOJ Governor Ueda emphasizes the commitment to 'regular' monetary policy implementation, with a focus on short-term interest rates determined by market forces. Accommodative conditions support economic growth and prices, with a readiness to consider easing policies if necessary. Despite inflation expectations, the 2% price target remains a challenge.
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BOJ Governor Ueda's Stance on Monetary Policy Going Forward

BOJ Governor Ueda's Monetary Policy Update

BOJ Governor Ueda reaffirms the commitment to implementing 'regular' monetary policies, including setting short-term interest rates based on market dynamics.

Key Points:

  • Interest Rates: Determined by market forces
  • Accommodative Conditions: Support economy and prices
  • Policy Easing: Options under consideration
  • Price Target: 2% remains a distant goal

Considering inflation expectations, the governor's comments signal potential policy adjustments in the future.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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