BOJ's Ueda sees upside risks to inflation, says price growth may accelerate into early 2027
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Bank of Japan Governor Kazuo Ueda warned that rising energy costs could push inflation higher into early 2027.
- ✓He said the central bank is targeting sustainable 2% inflation while watching global policy risks.
- ✓Ueda noted that wage growth is moving toward this goal, though the target is not yet established.
Story at a Glance
- Category
- Indian Markets
- Reported By
- The Economic Times
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
Synopsis
Bank of Japan Governor Kazuo Ueda flagged upside risks to inflation, warning that rising energy costs could accelerate price growth into early 2027. He said the central bank was targeting sustainable 2% inflation while monitoring global monetary policy, AI-related market risks and cybersecurity threats to financial stability.
Bank of Japan (BOJ) Governor Kazuo Ueda said underlying inflation in Japan was expected to remain around the central bank's 2% target, although he acknowledged some upside risks as rising energy costs begin to feed into consumer prices, Reuters reported.
Speaking at a seminar hosted by the International Monetary Fund (IMF) on Friday, Ueda said price growth could accelerate further into early next year as higher energy-related costs pass through to consumers.
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The Economic Times
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