Fully possible to seek exit from stimulus while striving to achieve 2% inflation target – Crypto News – Crypto News
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Fully possible to seek exit from stimulus while striving to achieve 2% inflation target – Crypto News

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Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday, it is “fully possible to seek exit from stimulus while striving to achieve 2% inflation target.”

Additional comments

Will consider rolling back massive stimulus programme once positive cycle of wages and inflation is confirmed.

Likelihood of achieving 2% inflation gradually rising.

The extent of rate hikes would be determined by situation at the time in case negative rates are lifted.

Market reaction

USD/JPY was last seen trading 0.50% lower at 148.60.

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