Ella 
Bank of Japan Governor Kazuo Ueda spoke at a press conference after attending the Group of 20 (G20) financial leaders meeting in Washington on Thursday. Kazuo Ueda said that if the yen maintains its decline and significantly boosts inflation, the Bank of Japan may raise interest rates again, which emphasizes that currency trends may have an impact on the timing of subsequent policy reversals.
A weak yen has the potential to push up trend inflation through higher prices for imported goods.
If the impact of a weak yen becomes too great to ignore, it could lead the Bank of Japan to adjust its monetary policy.
The Bank of Japan will carefully study how the yen’s decline so far this year affects the economy and prices and take the findings into account when it implements new quarterly growth and inflation forecasts at next week’s policy meeting.
