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BoJ Gov Ueda comments on challenges of prolonged deflation, low inflation

  • Bank of Japan Governor Ueda
Eamonn Sheridan
10/04/2024 | 01:54 GMT

Bank of Japan Governor Ueda:

  • Japan's prolonged deflation, low inflation made it difficult to affect public's inflation expectations via expansion of monetary base

Earlier:

  • BoJ Governor Ueda says won't change monetary policy just to deal directly with FX moves
  • BoJ Ueda anticipates accommodative financial conditions will be maintained for time being
  • More from BOJ's Ueda - wanted to move before trend inflation hit 2%
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