Bank of Japan Governor Kazuo Ueda signaled a potential interest rate hike, stating that inflation trends are close to the target.

PANews reported on December 1st that, according to Jinshi Data, Bank of Japan Governor Kazuo Ueda stated that the Japanese economy has recovered moderately, and the inflation rate is expected to briefly fall below 2% in the first half of fiscal year 2026 before accelerating again, and then broadly aligning with the 2% target in the latter half of the outlook period. He indicated that the trend of wages and prices rising in tandem has strengthened, and the exchange rate's impact on prices has increased. To achieve the price stability target, the Bank of Japan will adjust its easing policy as needed. If the economy and prices continue to improve, the Bank of Japan will consider further interest rate hikes.

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Author: PA一线

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