Bank of Japan Governor Ueda Kazuo said that if its economic outlook is realized, the central bank will continue to raise the benchmark interest rate. Speaking briefly at the New Year's conference hosted by the Japan Banking Association, Ueda said that properly adjusting monetary easing policies will help achieve stable inflation and longer-term economic growth.

Bank of Japan Governor Ueda Kazuo said that if its economic outlook is realized, the central bank will continue to raise the benchmark interest rate. Speaking briefly at the New Year's conference hosted by the Japan Banking Association, Ueda said that properly adjusting monetary easing policies will help achieve stable inflation and longer-term economic growth.