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What is BOJ about?

Toyoaki Nakamura of the Bank of Japan warns that Japan may not meet its 2% inflation target in 2025 due to weak consumption and slowing global growth. He expresses concern over stagnant household spending and the ability of small and mid-sized firms to sustain wage increases. Current projections suggest core consumer inflation will only reach 1.9% in the upcoming fiscal years, raising doubts about the timing of potential interest rate hikes.

Author

radbanana9399

Language

EN