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BOJ's Ueda: Japan inflation likely to slow back below 2% in middle of current fiscal year

Then likely to rebound thereafter through uncertainty regarding outlook is very highCurrent inflation rise is due to external, cost-push factors; not demand strengtheningTightening monetary policy in response to this would hurt the economyInflation expectations must heighten for inflation to hit 2% sustainablyJust some token remarks there by Ueda but it reaffirms their conviction, or should I say lack thereof, for now. The divergence between policy pivot expectations between the Fed (less dovish... Read More

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Content Topics

Boj

Ueda

Japan

Inflation

Likely

Slow

Back

Below

Middle

Current

Fiscal

Forex

Posted: May 19 2023, 07:40

Author Name: forexlive

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