BoJ Ueda highlights shifting dynamics in Japan’s inflation drivers
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<p>BoJ Governor Kazuo Ueda, in a speech today, delineated the two forces in play regarding Japan’s inflationary pressures: “The first force, led by import prices, has seen its year-on-year rate of increase decelerate,” and he anticipates this force will “gradually wane.” As for the second force, Ueda suggested it is tied to changes in firms’ […]</p>
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