BoJ Gov Nominee Ueda: Appropriate to continue monetary easing from now on as well BOJ CentralBanks USDJPY
Bank of Japan Governor designate Kazuo Ueda is speaking on Monday, endorsing the central bank’s ultra-loose monetary policy.“It takes time for CPI to meet the 2% target sustainably and stably.”“Appropriate to continue monetary easing from now on as well.”“Definition of price stability is zero inflation.”USD/JPY has come under renewed selling pressure on Ueda’s comments, now losing 0.14% on the day to trade at 136.25.
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