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BOJ's Ueda: Underlying inflation is still under 2%

We're monitoring the situation with the yen very carefully but it's the jurisdiction of the ministry of financeWage inflation is now running at around 2%If you want a 2% inflation rate, you want wage inflation that's slightly or well-above 2% to match productivity growth, so there's still some ground to coverYen is being influenced by many factors, including the policy of these other central banksIf we become reasonably sure about the second part of inflation forecasts, that would be a good reas... Read More

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Underlying

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Under

Forex

Posted: Jun 28 2023, 13:51

Author Name: forexlive

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