"Core inflation is 'fairly close' to 2%"! BOJ Governor turns hawkish: There is still room for further rate hikes ahead

Zhitong Finance APP has learned that Bank of Japan Governor Kazuo Ueda said the current core inflation level is "already quite close" to the central bank's 2% inflation target. Strong global demand for artificial intelligence (AI), combined with inflationary pressure from a tight labor market, has left room for subsequent interest rate hikes.