TOKYO -Bank of Japan Governor Kazuo Ueda said on Friday the country's corporate price-setting behavior was showing changes that could work to push up inflation more than expected. However, he stressed anew the central bank's resolve to keep monetary policy ultra-loose, to ensure companies raise wages enough to more than offset the burden on households from rising inflation. 'There's still some distance to sustainably and stably achieve our 2-percent inflation target. As such, we will patiently maintain our monetary easing policy,' Ueda told parliament.

https://business.inquirer.net/404622/bojs-ueda-flags-shift-in-corporate-pricing-upward-inflation-bias

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