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    Home»Politics»BOJ to keep raising rates if inflation on track to hit 2%, deputy governor says
    Politics

    BOJ to keep raising rates if inflation on track to hit 2%, deputy governor says

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    TOKYO :Bank of Japan Deputy Governor Shinichi Uchida said on Monday the central bank will continue to raise interest rates if economic growth re-accelerates and underlying inflation is on track to hit its 2 per cent target.

    “There is extremely high uncertainty over the outlook for each country’s trade policy and its fallout. As such, we will determine without pre-conception whether the economy and prices move in line with our forecast,” Uchida told parliament.

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