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BoJ Governor Ueda says won’t change monetary policy just to deal directly with FX moves

Bank of Japan Governor Ueda, more comments from him. This time on the JPY!

  • We won’t change monetary policy just to deal directly with fx moves
  • We might need to
    change monetary policy if fx moves lead not just to rising import
    prices, but risk pushing up trend inflation more than expected

This article was written by Eamonn Sheridan at www.forexlive.com.

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