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BOJ governor Ueda: Underlying inflation is gradually rising towards 2%

Japan’s economy is withstanding US tariffs impactNot seeing any material impact on capex, wages, and job trendsNo need to revise July outlook report figuresUncertainty remains over impact of US trade policies on forexWill thoroughly examine tariffs impact on the economy, including firms’ responseOverall, still nothing new from Ueda thus far as he is just mostly reaffirming their views on the outlook towards the economy and inflation. Or should I say perhaps just the majority view that is.
This article was written by Justin Low at investinglive.com.

Source: investinglive.com (Read Full Article)

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