Forex
globalreutersOctober 16, 20241 Mins read
BoJ’s Adachi: if inflation moves sustainably, stably, the BoJ can guide policy in line with neutral rate
globalreutersOctober 16, 20241 Mins read Bank of Japan (BoJ) board member Seiji Adachi said on Wednesday that “if inflation moves sustainably, stably around 2%, the BoJ can guide monetary policy in a way allowing for policy rate to move roughly in line with neutral rate.” Additional quotes If chance of underlying inflation exceeding 2% heightens, the BoJ will raise its policy rate at pace exceeding rate of inflation.
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