BOJ's Ueda: There is a good chance to judge achievement of 2% inflation target this year

• Economic indicators will provide a good judgment on that
• Can even be before next year's labour talks i.e. shunto negotations
• Next year's labour talks will be very important factor for inflation
• But does not mean we have to wait for it to make any decision

I would argue that these are decently hawkish remarks as he is opening the door for the potential for policy tweaks and/or changes down the road. However, one can also make a counter-argument that with the already positive wage developments last month, it should've been enough for Ueda to lay out his plans; and not kick the can to next year.

/JPY JPY The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by Read this Term