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More from Ueda: Trend inflation remains below 2% but gradually accelerating

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Eamonn Sheridan

Financial institution of Japan Governor Ueda:

  • It takes a really lengthy for impression of financial coverage steps to look on
    economic system, costs
  • Financial coverage steps taken now will have an effect on economic system, costs
    half-year, 1 12 months, 1.5 years forward
  • Tightening financial
    coverage now might push down inflation in future, which is already
    prone to sluggish on dissipating impact of import prices

Earlier from the BOJ Gov:

The Financial institution of Japan meet later this week, assertion due on Friday. Is it simply me or do feedback like this lot appear to point there will probably be no change to coverage at this assembly?

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