BoJ’s Ueda: Could consider policy change when achievement of 2% inflation is in sight

Today we discussed that inflation's rate of deceleration has been slower than in the July outlook report.

Seeing US Fed stance to keep rates high.

We are seeing continued contraction in Japan's real wages with 'concern'.

Not in situation now to decide on order of change in policy tools.

My comments reported by Yomiuri were not made because my sense of distance towards ending NIRP had changed.

Short-term interest rates will be kept until achievement of price target.

Need to bear in mind possibility of fed rate hikes again.

There was discussion that corporate profits are strong, which is good for wage talks next year.

Short-term interest rates will be kept until achievement of price target.

Need to bear in mind possibility of fed rate hikes again.

There was discussion that corporate profits are strong, which is good for wage talks next year.

No comment on short-term interest rate, FX moves.

Important for currencies to move stably reflecting fundamentals.

Will coordinate closely with govt to monitor FX market, impact on economy.

Japan's consumption is on gradual recovery overall.

We are gradually moving to world where companies can change prices along with other companies.

Sustainability of wage hikes is the most important element to judge sustainability of inflation.