BoJ’s Ueda: Appropriate to continue monetary easing to achieve 2% inflation target with wage growth
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Bank of Japan (BOJ) Governor Kazuo Ueda is speaking at his first post-policy meeting conference on Friday, noting that it is “appropriate to continue monetary easing to achieve 2% inflation target in tandem with wage growth.”
In reaction to the above comments, USD/JPY is extending the rally toward 136.00, currently trading 1.18% higher on the day at 135.50.
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