BoJ Gov Nominee Ueda: Appropriate to continue monetary easing from now on as well

Bank of Japan (BoJ) Governor designate Kazuo Ueda is speaking on Monday, endorsing the central bank’s ultra-loose monetary policy.

Key quotes

“CPI growth will slow below 2% in fiscal 2023.”

“It takes time for CPI to meet the 2% target sustainably and stably.”

“BoJ’s monetary easing causing various side-effects.“

“Appropriate to continue monetary easing from now on as well.”