3min chapter

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Governor Ueda’s First International Appearance Reveals The Bank Of Japan’s Influence

Market Depth

CHAPTER

Inflation Is Not Transitory

Governor: We have a forecast projection of inflation, path that looks like it's going to go down for a while toward the end of this year. But didn't you learn from these all the three that inflation is not transitory? Right, this is what I'm talking about. Governor wait on the inflation expectations because they've crept up in Japan as well. Listen to what he says about how they have to first de-anchor inflation expectations from from being flat and then re-anchor them in the future.

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