(Bloomberg) Japan’s latest inflation report gives the Bank of Japan another reason to wait beyond next week’s meeting before ending the negative rate policy, while also adding to the case for a hike in coming months.Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownPakistan’s Army Strikes Back at Iran as Both Sides Urge CalmApple to Sell Watches Without Oxygen Feature After Legal SetbackAirstrikes on Yemen Bring New Level of Chaos to Shipping in the Souther
TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the central bank could end its negative interest rate policy when achievement of its 2% inflation target is in sight, the Yomiuri newspaper reported on Saturday, signalling possible interest rate hikes. The central bank could have enough data by year-end to determine whether it can end negative rates, Ueda told the paper in an interview on Wednesday. "Once we're convinced Japan will see sustained rises in inflation accompanied by wage growth, there are various options we can take," Ueda was quoted as saying.