Forex

BOJ governor Ueda says underlying inflation will continue to rise moderately


2026-01-23 06:36:00

  • Japan’s economy is recovering moderately albeit with some weakness
  • Underlying inflation will continue rising moderately
  • Underlying inflation, rate of increase in core inflation likely to increase gradually
  • They will be at a level in line with BOJ price target in the second half of the projection period
  • Easy monetary conditions will continue to support the economy
  • Need to pay attention to those risks affecting Japan’s economy and prices
  • Risk factors include forex and financial market developments
  • Will continue to raise policy rate if economy, prices move in line with forecasts

More to come..

This article was written by Justin Low at investinglive.com.

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