BOJ governor Ueda: Likelihood of achieving 2% inflation target is gradually rising

  • Japanese economy to gradually pick up moving forward
  • Must carefully watch financial, FX market moves and their impact on prices
  • Will not hesitate to take additional easing measures if necessary

The headline remark fits with the subtle change in wording as outlined here. But he’s making sure that the door is still open for any policy U-turn as he says that they can still ease if need be.

This article was written by Justin Low at Source