4min chapter

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Governor Ueda’s First International Appearance Reveals The Bank Of Japan’s Influence

Market Depth

CHAPTER

The Fed's Lagged Impacts on the Global Economy

Ueda: We've been trying very hard to move this to a 2% inflation 2% expectations equilibrium. To do so, we had to de-anchor expectations from zero, raising inflation expectations and in the future we'll have to re-anchor them at 2%. "We all see what will happen if we get to normalize policy seriously," Ueda says.

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