BoJ Governor Ueda: Trend inflation remains below 2% but gradually accelerating
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While speaking in the Japanese parliament on Tuesday, new Bank of Japan (BoJ) Governor Kazuo Ueda said, “trend inflation remains below 2% but gradually accelerating, which is partly due to the effect of monetary easing.”
At the time of writing, USD/JPY is off the highs, holding steady at around 134.15. Investors digest the commentary from BoJ Governor Ueda.
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