Macro Finance
BOJ’s Ueda ‘Can’t Tolerate’ Underlying Inflation Further Over 2%
Bloomberg Markets·October 16, 2026·1 min read
Bank of Japan Governor Kazuo Ueda said Friday he 'can't tolerate' underlying inflation rising further above 2%, reinforcing expectations for further interest rate hikes in coming months. The statement signals the BOJ's commitment to controlling inflation, potentially impacting yen and bond markets.
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