BoJ Governor Kazuo Ueda said underlying inflation in Japan is expected to “accelerate moderately”, supported by a tight labor market and evolving corporate pricing behavior. He emphasized that firms are becoming more active in wage and price setting, sustaining a cycle in which wages and prices rise in tandem despite near-term distortions. Ueda acknowledged that […]The post BoJ’s Ueda: Inflation to rise moderately, food tax cut impact limited appeared first on ActionForex.