BOJ chief says further rate hikes to depend on economy

TOKYO, March 19 (Xinhua) -- Bank of Japan (BOJ) Governor Kazuo Ueda said Tuesday that further rate hikes will depend on how the economic and price situations develop, but that aggressive hikes will be unlikely given the current environment.

Ueda addressed a press conference after the BOJ decided earlier in the day to end its negative interest rate policy in its first rate hike in 17 years, marking a major shift