Bank of Japan Governor Kazuo Ueda. REUTERS/Kim Kyung-Hoon/File Photo
TOKYO: Bank of Japan Governor Kazuo Ueda on Tuesday stressed anew the central bank's readiness to keep raising interest rates if underlying inflation approaches its 2% target.
The BOJ has said underlying inflation, or demand-driven price pressure measured by various indicators, remains short of its 2% target - even though the broader core consumer inflation has exceeded that level for three years.
