Bank of Japan's Inflation Goals: Progress & Political Hurdles
Update: 2025-11-13
Description
Bank of Japans Governor Ueda emphasizes moderate inflation, aligning with PM Takaichis growth focus. Finance Minister Katayama suggests delaying interest rate hikes due to inconsistent inflation. Ueda notes strong domestic spending and tight job market, aiding wage increases and inflation. Despite raw material cost increases, a gradual recovery boosts prices. Ueda believes underlying inflation is progressing towards the two percent goal, supporting moderate inflation and economic improvement. However, the new administrations expansionary policies may complicate interest rate normalization, causing market concerns and potential import cost increases.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
