BOJ 2% inflation goal 'reasonable' for Ueda to keep: ex-N.Y. Fed chief

Dudley 'cautiously optimistic' about Kuroda's easing but says 'premature' to judge

20230410N copy of 0315N BOJ HQ

The Bank of Japan under new governor Kazuo Ueda should stick with its 2% inflation target, says William Dudley, former president of the Federal Reserve Bank of New York. (Photo by Hideyuki Miura)

YUTA SAITO, Nikkei staff writer

NEW YORK -- As new Bank of Japan Gov. Kazuo Ueda takes the reins from predecessor Haruhiko Kuroda, a former president of the Federal Reserve Bank of New York argues that he should stay the course on targeting sustained 2% inflation.

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