BOJ Gov. Ueda restates stance on policy normalization after market rout

Central banker scrutinized at parliamentary hearing on market messaging

20240823 ueda

The market is keeping close tabs on Bank of Japan Gov. Kazuo Ueda's remarks. (Photo by Uichiro Kasai)

MITSURU OBE and CHIHIRO ISHIKAWA, Nikkei staff writers

TOKYO -- The Bank of Japan will continue to pursue policy normalization as long as the economy continues to progress toward stable 2% inflation, Gov. Kazuo Ueda reiterated on Friday as he responded to lawmakers' questions in a hearing by a financial affairs committee.

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