Bank of Japan Governor Ueda said that he wished to look at the sustainability and unfold of wage will increase, which maintain the important thing to secure worth will increase, from a number of angles. It isn’t,” he said, acknowledging that the key point would be whether or not prices have risen stably by around 2%.
Bank of Japan Governor Ueda responded to interviews with media companies such as NHK on the 25th.
Regarding the outlook for prices, he said, “There is a excessive chance that the inflation price will decline from right here. After that, it is going to reverse and rise once more.” , Not so much about the first half. I still want to see it a little more carefully.”
Regarding how to judge the sustainability and spread of wage increases, which hold the key to stable price rises, Governor Ueda said, “Wage tendencies are decided by trying intently at wage statistics and information on labor provide and demand. We will make selections by using varied info obtained from interviews with BOJ branches.”
On the other hand, when deciding whether to change the policy, he said, “We should not aiming at wages per se,” and added, “The level of creating coverage selections is whether or not costs will proceed to rise steadily and stably at round 2%.” It is whether or not there is.”
On the other hand, when asked whether the current monetary easing measures could be revised even if the inflation rate falls below 2%, Governor Ueda responded, I think it will be more important to judge whether the inflation rate is sustainable or stable,” he stated, acknowledging that even when the inflation price falls beneath 2 %, the coverage could also be revised if the circumstances are met. rice area.