MNI BRIEF: BOJ To Manage Policy Timely For 2% Target - Ueda

The Bank of Japan will manage monetary policy appropriately to achieve the 2% price target in a sustainable and stable manner, Governor Kazuo Ueda told lawmakers Monday. 

The BOJ will examine the future economy, prices and financial markets without precondition, he added.

U.S. tariffs have increased the uncertainty over the external and internal economy and prices, which will put downward pressure on global and Japanese growth that will exert both upside and downside pressure on prices, he continued. (See MNI POLICY: BOJ Sees Economic Risks Clouding Rate Hike Outlook)