Bank of Japan Governor Ueda Kazuo revises remarks about yen depreciation “easily affects prices”

Nikkei

Lean Right

High Factuality

Media Conglomerate: Nikkei, Inc.

Bank of Japan Governor Ueda Kazuo revises remarks about yen depreciation “easily affects prices”

Bank of Japan Governor Ueda Kazuo has corrected the trajectory of his remarks regarding the depreciation of the yen. At the April press conference, it was repeated that “there was no significant impact on the underlying inflation rate,” and the depreciation of the yen progressed. In May, the expression was changed to “we will keep a close eye on policy management,” and it was also pointed out that “compared to the past, it is easier to influence…