Published Oct 19, 2026, 12:59 AM ET · Updated 25 days ago · 2 sources

BOJ chief says underlying inflation 'quite close' to price goal

reuters
reuters
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BOJ chief says underlying inflation 'quite close' to price goal

Bank of Japan Governor Kazuo Ueda said underlying inflation is "quite close" to the central ‌bank's 2% target with strong global AI demand adding to inflationary pressure from a tight job market, signalling scope for further rate increases.