BOJ Warns Rising Food Prices May Fuel Underlying Inflation, Signals More Rate Hikes - EconoTimes

Bank of Japan Governor Kazuo Ueda warned that surging food prices—especially a 90% spike in rice—could intensify underlying inflation, pushing it closer to or beyond the central bank’s 2% target. While core inflation reached 3.5% in April, https://econotimes.com/BOJ-Warns-Rising-Food-Prices-May-Fuel-Underlying-Inflation-Signals-More-Rate-Hikes-1711415