BoJ Board Member Masu says one‑ to two‑year real interest rates remain negative and need to keep price trend from going above 2%, adds underlying inflation is still below 2% but quite close to that level
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BoJ Board Member Masu says one‑ to two‑year real interest rates remain negative and need to keep price trend from going above 2%, adds underlying inflation is still below 2% but quite close to that level
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On the Newsquawk feed at , 20 minutes before this page.
Says
- BoJ is expected to continue raising interest rates given current accommodative financial conditions.
- Higher fuel and chemical goods prices could be one-off shock but may have broader impact on prices via distribution costs.
- Most important thing is to avoid underlying inflation from overshooting sharply from 2%
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