- Bank of Japan Governor Kazuo Ueda said the BOJ intends to continue raising the policy interest rate and adjusting monetary accommodation in response to economic activity, prices, and financial conditions.
- Ueda gave little indication he intends to challenge prevailing market bets against a back-to-back interest rate increase this month.
- The speech was delivered Tuesday in Tokyo.
Quotes
“We intend to continue raising the policy interest rate and adjusting the degree of monetary accommodation in response to developments in economic activity, prices, and financial conditions”