BOJ to keep raising rates if inflation heads toward 2%, deputy governor says

TOKYO (Reuters) – Bank of Japan Deputy Governor Shinichi Uchida said on Friday the central bank will keep raising interest rates if the chance of underlying inflation achieving its 2% target heightens.

“We will examine at each policy meeting, without any preconception, whether our (economic and price) forecasts would be achieved” in deciding monetary policy, Uchida told parliament.

(Reporting by Leika Kihara; Editing by Himani Sarkar)