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New BOJ board member Koeda says real interest rates very lowTOKYO (Reuters) -New Bank of Japan board member Junko Koeda said the country's real interest rates are currently "extremely low," as inflation accelerates backed by solid growth in wages.
"Various data point to the direction that underlying inflation is moving toward" the bank's goal of sustainable 2% inflation, Junko Koeda said at her inaugural news conference on Wednesday.
New Bank of Japan board member Junko Koeda said the country's real interest rates are currently "extremely low," as inflation accelerates backed by solid growth in wages, but declined to comment ...
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