Global Economy
BoJ Governor Ueda reiterates stance that market determines long-term interest rates and will continue to closely monitor bond markets, adds generally speaking, long-term interest rates are determined in the markets and reflecting various factors
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Ueda said core inflation is nearing 2%, emphasized anchoring it around 2%, and reiterated that markets determine long-term rates while the BoJ monitors bond markets.
News detail
Says: Core inflation is gradually nearing 2%. Important to anchor inflation around 2% now.
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