The Bank of Japan on Friday said underlying inflation had "generally" reached its 2 percent target after a nearly 14-year effort involving unconventional monetary easing, with its governor signaling room for further interest rate hikes to stabilize prices over the longer term.After the BOJ decided to leave its policy rate steady at 1.25 percent as widely expected, Governor Kazuo Ueda stressed that the central bank's policy focus has shifted toward containing inflation and anchoring it at its 2 percent target, a departure from years of efforts to push up prices.Ueda said the BOJ must remain …READ FULL ARTICLE
