"BOJ Eyes Cautious Rate Hikes as Deflation Battle Nears End"
TL;DR Summary
Bank of Japan Governor Ueda acknowledges progress in moving away from zero inflation and lifting expectations but highlights the unique challenges the BoJ faces, including the difficulty in assessing economic responses due to minimal interest rate movements. No immediate hints were given about the upcoming June meeting, though there are expectations of potential interest rate hikes or further trimming of Japanese Government Bond purchases.
Topics:business#bank-of-japan#finance#inflation#interest-rates#japanese-government-bonds#monetary-policy
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