BoJ official: Central bank sees underlying inflation gradually heading toward 2%
An official at the Bank of Japan (BoJ) said on Wednesday that the “BoJ sees underlying inflation gradually heading toward 2%.” Additional comments Price rises post-pandemic have been driven mostly by cost-push factors, such as rising import costs from weak Yen. Expect cost-push inflation pressure to gradually dissipate ahead. Services…
bubmagFebruary 5, 2025