Gelonghui April 23| Bank of Japan Governor Kazuo Ueda reiterated that the central bank will raise benchmark interest rates if core inflation rises towards the 2% target. After the yen hit a 34-year low against the dollar,coinmasterfreeHe appeared to have carefully adjusted his words so as not to further exacerbate yen weakness. "If the price trend moves towards 2%, which is in line with our outlook, we will adjust the degree of monetary easing. In this case, it means raising short-term interest rates,"Kazuo Ueda said in response to questions on Tuesday in Parliament. "We have no preconceived views on the specific time and extent of policy adjustments." Kazuo Ueda did not emphasize the Bank of Japan's assessment that financial conditions would remain loose to avoid causing the yen to fall further before the policy meeting. Almost all observers predicted that the bank would sit tight on Friday, leaving the market's focus on any hints of the next move. Most analysts predict that the Bank of Japan will raise interest rates in October.