BOJ's Ueda warns inflation can't rise further

Bank of Japan chief says inflation nears 2% target, must not rise.

Oct 16, 2026

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BOJ's Ueda warns inflation can't rise further

Bank of Japan chief says inflation nears 2% target, must not rise.

In brief

Bank of Japan chief says inflation nears 2% target, must not rise. Bank of Japan governor Kazuo Ueda states underlying inflation is close to 2% target and cannot rise further. Originally reported by Nikkei Asia.

Ueda on inflation target

20261016  BOJ Ueda presser2

Bank of Japan governor Kazuo Ueda says underlying inflation is already quite close to the central bank's 2% target.

“we cannot tolerate it rising any further”

Ueda avoids rate hints

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The key point

Bank of Japan governor Kazuo Ueda states underlying inflation is close to 2% target and cannot rise further.

Read the original on Nikkei Asia

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