EconomicJapan·Unpinned19 Oct 2026
Bank of Japan Chief Says Underlying Inflation Near Target
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Bank of Japan Governor Kazuo Ueda stated on October 19 that underlying inflation was nearing the central bank’s 2 per cent target, driven by a tight labor market, moderate economic recovery, and strong global AI demand. Speaking before parliament, Ueda noted that rising raw material costs from the Middle East conflict also contributed to inflationary…
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