BOJ governor Ueda: Likelihood of achieving 2% inflation target is gradually rising

<ul><li>Japanese economy to gradually pick up moving forward</li><li>Must carefully watch financial, FX market moves and their impact on prices</li><li>Will not hesitate to take additional easing measures if necessary</li></ul><p>The headline remark fits with the subtle change in wording as outlined <a href="https://www.forexlive.com/news/usdjpy-holds-lightly-changed-on-the-day-after-boj-policy-decision-20240123/" target="_blank" rel="follow">here</a>. But he's making sure that the door is still open for any policy U-turn as he says that they can still ease if need be.</p>

This article was written by Justin Low at www.forexlive.com.