Bank of Japan (BOJ) Governor Kazuo Ueda expressed concerns about meeting the inflation target, stating that sustained achievement of 2% inflation is not foreseeable yet. Despite Japan's core CPI rising to 2.0% in January, Ueda highlighted the need for wage negotiations to judge inflation progress.
Bank of Japan chief Ueda says 2% inflation target still not in sight https://t.co/oNWgnxGT83
BoJ’s Ueda: Economy Not Yet In Situation Where Sustained Achievement Of 2% Inflation Can Be Foreseen - Says Wage Negotiations Are Key
🔴 BOJ GOVERNOR UEDA SAYS ANNUAL WAGE NEGOTIATION OUTCOME KEY IN JUDGING SUSTAINED ACHIEVEMENT OF 2% INFLATION TARGET
BOJ UEDA: Japan’s economy not yet in situation where sustained achievement of 2% inflation can be foreseen #cgtnamerica
🔴 BOJ GOVERNOR UEDA SAYS JAPAN'S ECONOMY NOT YET IN A SITUATION WHERE SUSTAINED 2% INFLATION IS FORESEEABLE
🔴 BOJ'S GOVERNOR UEDA: I CANNOT SEE YET INFLATION TARGET IS MET.
🔴 BOJ'S GOVERNOR UEDA: JAPAN'S ECONOMY WILL CONTINUE A GRADUAL RECOVERY.
🔴 BOJ'S GOVERNOR UEDA: WAGE NEGOTIATIONS WILL OFFER A TAILWIND.
🔴 BOJ'S GOVERNOR UEDA: INFLATION IS EASING AT A QUICK PACE.
🔴 BOJ'S GOVERNOR UEDA: RECENT RECESSION IS REBOUND FROM STRONG QUARTERS.
🔴 TAKATA OF BOJ BOARD: 2% INFLATION TARGET IN SIGHT DESPITE UNCERTAIN ECONOMY OUTLOOK
🔴 BOJ EXECUTIVE DIRECTOR SEIICHI SHIMIZU: LIKELIHOOD OF ACHIEVING INFLATION TARGET STILL NOT HIGH AFTER JAPAN CPI DATA
WATCH: At 2%, the gain in Japan's core consumer prices index is in line with the Bank of Japan’s target. Governor Kazuo Ueda said he wants to see signs of sustained price rises before moving on rates as the inflation slowed for a third straight month https://t.co/U73xgwuMay https://t.co/oNY7cXBkw5
Japan inflation falls to BOJ target of 2%: Japanese inflation slowed less than expected to two percent in January, data showed Tuesday, hitting the central bank's target and firming expectations of an end to its outlier… https://t.co/dNb2Bn7cYG #japannews #japantoday
At 2%, the gain in Japan's core consumer prices index is in line with the Bank of Japan’s target. Governor Kazuo Ueda said he wants to see signs of sustained price rises before moving on rates as the inflation slowed for a third straight month https://t.co/jEQoWMAz2N https://t.co/U18FV2Ks8U
Japan's January core CPI rose 2.0% yr/yr vs forecast 1.8%, as markets expect the Bank of Japan (BOJ) to end negative rates in March or April. Waning cost-push inflation from commodity imports is expected to be offset by hefty pay hikes to be offered by big firms at…
WATCH: Japan's core consumer inflation slowed for a third straight month in January but beat forecasts and held at the central bank's 2% target, keeping alive expectations it will end negative interest rates by April https://t.co/U73xgwuMay https://t.co/QfRNzlqe22
Japan’s benchmark inflation gauge topped estimates in January, with consumer prices excluding fresh food rising 2% from a year ago, supporting the case for the Bank of Japan to continue moving toward ending its negative interest rate policy. https://t.co/hdBjjbW4DG
The annual inflation rate in Japan dropped to 2.2% in January 2024 from 2.6% in the prior month, pointing to the lowest figure since March 2022. The core inflation rate fell to a 22-month low of 2.0% from 2.3% in December, above market consensus of 1.8%, but within the Bank of…