BANK OF JAPAN GOVERNOR UEDA SEES UPSIDE IN HIGHER INTEREST RATES
BANK OF JAPAN GOVERNOR UEDA SEES UPSIDE IN HIGHER INTEREST RATES
BOJ's monetary easing was key to meeting inflation targets.
Ueda acknowledged side effects of the BOJ’s stimulus.
Higher interest rates will boost financial institutions' profits long-term.
The improving economy will offset the rise in corporate funding costs.
Bank lending and funding conditions remain strong.
Accommodative policy continues to support Japan's economy.
