BoJ Ueda: Mindful of impact of rising food prices on underlying inflation

Bank of Japan Governor Ueda is answering questions in parliament:

• Uncertainties over rice and other food prices remain high, but prices likely to settle down eventually
• Mindful of impact of rising food prices on underlying inflation
• Will closely monitor price situations as uncertainties over global economy remain high

Earlier:

• BoJ minutes: Bank will raise rates if economic and price projections realised
• Former BOJ Governor Kuroda supports Ueda’s normalization steps