Bank of Japan Governor Ueda says higher CPI is supply-driven inflation


Eamonn Sheridan

Eamonn Sheridan

Wednesday, 31/05/2023 | 00:09 GMT-0

31/05/2023 | 00:09 GMT-0

Bank of Japan Governor Ueda

  • It may be difficult to deny the possibility that we are already in a
    new normal that is different from the period of ‘low for long’
  • As a result of
    increases in the variety of tool kits and also advances in monetary
    policy making, central banks need to be more careful about how they
  • In scheduled policy
    review, boj will review the interaction between measures it took and
    economic activity, prices, and financial conditions, and the positive
    effects and the side effects, drawing on the knowledge in japan and

USD/JPY is up a few tics or so, circa 139.86

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