WASHINGTON – Bank of Japan Governor Kazuo Ueda said on Thursday he told his G20 counterparts the central bank would likely keep monetary policy ultra-loose to stably and sustainably achieve its 2- percent inflation target. 'Core consumer inflation, which is now around 3 percent, is likely to slow below 2 percent towards the latter half of this fiscal year,' Ueda told a news conference after attending the G20 finance leaders' gathering in Washington. Ueda also said the global economy is likely to recover after a period of slowdown, and help keep Japan's wages on an uptrend.

https://business.inquirer.net/395909/bojs-ueda-told-g20-that-japan-will-keep-monetary-policy-ultra-loose

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