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

🇯🇵 The Japan Times (JP) —

AI Summary

BoJ Governor Ueda has warned that the Middle East conflict could trigger an oil shock, impacting the entire inflation regime in Japan. The central bank is focused on monitoring upside inflation risks amid geopolitical tensions affecting energy prices.

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

World Politics Markets Commodities Energy Bank of Japan inflation oil shock Middle East conflict energy prices monetary policy

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