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BOJ’s Ueda: Still some distance to sustainably hit 2% inflation target

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Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday there was still some distance to sustainably and stably achieving the central bank’s 2 per cent inflation target.

Ueda made the remark at a news conference after a G20 finance leaders’ meeting in India, in response to a question on whether the central bank saw the need to tweak its yield curve control policy at its rate review later this month.

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