Posted 12/25/2023, 4:59:00 AM
BOJ Governor Hints at Potential Policy Shift If Inflation Outlook Brightens
- BOJ Governor Ueda signals possible policy shift if inflation target prospects improve "sufficiently"
- Notes rising chances of achieving 2% inflation target, but uncertainties remain
- Highlights recent positive developments like faster service inflation and changes in corporate pricing
- Says BOJ will examine economic developments and wage/price dynamics to guide policy
- Remains cautious on concrete timing for policy changes due to high uncertainty