BOJ’s Ueda: Hope Japan achieves balanced rises in inflation, wages

TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Thursday he hopes the economy can see inflation and wages rise in a balanced manner.

If inflation and wages rise in a balanced fashion, that can lead to increases in capital expenditure as well as spending on research and development, Ueda said in a speech at an event hosted by banking lobby Japan Bankers Association.

(Reporting by Takahiko Wada, writing by Leika Kihara; Editing by Kim Coghill)

tagreuters.com2024binary_LYNXMPEK0301X-VIEWIMAGE