BoJ's Governor Ueda says basic stance is to continue hiking interest rates if the likelihood of our economic, price forecasts materialising heightens, according to Yomiuri

Says:

• Underlying inflation has not yet fully reached 2% and policy will be guided to get underlying inflation to around 2%, while avoiding it exceeding 2% on a sustained basis.
• No change from January to the BoJ’s projected timing for hitting its price target, with inflation expected to re-accelerate from the current slowdown.