BoJ Governor Ueda: Japan's consumer inflation likely nearing its peak

New Bank of Japan (BoJ) Governor Kazuo Ueda said on Monday, “Japan's consumer inflation, including index stripping away fuel costs, likely nearing its peak,” adding that he is “seeing it slowing ahead.”

Additional quotes

“Don't see Japan's property prices as excessively over-valued.”

“Want to carefully monitor whether monetary easing leads to excessive rise in property prices, cause bubble.“

“It's true that rising import prices are being passed on to domestic prices more than expected.”