BoJ’s Ueda: Today's policy decision took into account financial turmoil since March BOJ CentralBanks InterestRate USDJPY
It would take more time for trend inflation to heighten further.Today's policy decision took into account financial turmoil since March.Next year's labour talks will be very important factor for inflation.Monetary easing in past 25 years were effective to some extent, but not successful enough in terms of achieving 2% inflation target.YCC is a policy that prompts effects and side-effects when infaltion expectations are rising, as seen since last year.
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