BoJ’s Ueda: There are many issues that need to be better understood regarding inflation expectations

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“Whether inflation is caused by demand or supply has very important implications for monetary policy making,” said Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday.

Following the news, USD/JPY initially refreshed intraday high to 139.92 before retreating of late.

Also read: USD/JPY consolidates below 140.00, downside seems favored ahead of US labor market data

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