# BOJ Governor Ueda on 2% Inflation

> Bank of Japan governor Ueda says Japan’s 2% inflation rate may not stay long.
- Title: BOJ Governor Ueda on 2% Inflation · The Japan Times | Shortify
- Summary: Bank of Japan governor Ueda says Japan’s 2% inflation rate may not stay long. Bank of Japan governor Ueda states Japan’s 2% inflation rate has not yet become…
- Keywords: bank of japan, kazuo ueda, inflation rate, central bank, imf, The Japan Times
- Source: The Japan Times — https://japantimes.co.jp/business/2026/11/07/economy/boj-ueda-2-inflation-rate
- Author: No Author
- Published: 2026-11-07T03:23:00+00:00
- Read time: 1 min
- Topics: bank of japan, kazuo ueda, inflation rate, central bank, imf, news, politics, world
## Inflation Target Reached
Bank of Japan governor Ueda says Japan’s inflation rate has reached policymakers’ target of 2%.

> Underlying inflation is 2%, our goal is to keep it there
## Unclear Duration
Ueda states it’s unclear how long the 2% inflation rate will remain in place.

> Whether we could stay in that equilibrium for a very long time to come, we still don’t know
## Inflation Not Embedded
Ueda says the 2% inflation rate hasn’t yet become embedded among the broader Japanese public.

> I think we are in equilibrium
## No Rate Guidance
Ueda didn’t offer specific guidance on raising interest rates further during IMF exchange.

> Ueda didn’t offer any specific guidance on the central bank’s appetite to raise interest rates further
## Key takeaway

Bank of Japan governor Ueda states Japan’s 2% inflation rate has not yet become embedded in public consciousness and its duration remains unclear.