TOKYO (Reuters) – Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday the central bank will respond appropriately, such as by raising interest rates, if faster-than-expected growth in inflation and wages warrant tightening monetary policy.
At present, however, the BOJ considers it appropriate to maintain its ultra-easy monetary policy, including yield curve control, to sustainably and stably achieve its 2% inflation target, Ueda told parliament.
(Reporting by Leika Kihara; Editing by Christopher Cushing)
