Bank of Japan Governor Reiterates Inflation Overshoot Risk, Stresses Importance of Anchoring 2% Target

Zhito Finance APP has learned that Bank of Japan Governor Kazuo Ueda reiterated on Friday that underlying inflation risks exceeding the central bank's 2% target, and emphasized the importance of anchoring price pressures near that target. These remarks come just ahead of the Bank of Japan's late-October policy meeting, as markets are closely watching for clues on the timing of the next interest rate hike.