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BOJ’s Ueda warns of oil shock’s impact on entire inflation regime

Toru Fujioka· ·1 min read · 0 reactions · 0 comments · 18 views
 BOJ’s Ueda warns of oil shock’s impact on entire inflation regime

Following the outbreak of the Middle East conflict, Ueda has repeatedly said that the central bank needs to pay attention to upside inflation risks.

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Japan Times · Toru Fujioka
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"Japan’s experience shows that oil price shocks are never just oil price shocks. They are tests of the entire inflation regime,” Bank of Japan Gov. Kazuo Ueda said Wednesday in a speech to open a two-day international banking conference in Tokyo. | BLOOMBERG

Excerpt limited to ~120 words for fair-use compliance. The full article is at Japan Times.

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