BOJ's Ueda says inflation can't be allowed to rise further

rss · Nikkei 2026-10-16T13:52:34Z en
Bank of JapanJapanese central bank chief avoids dropping hints about October meetingBank of Japan Gov. Kazuo Ueda said G20 officials discussed the Middle East conflict and the artificial intelligence boom and their impact on economic growth and prices. (Photo by Ken Kobayashi)JADA NAGUMOOctober 16, 2026 22:46 JSTBANGKOK -- Bank of Japan Gov. Kazuo Ueda said Friday that underlying inflation is already quite close to the central bank's 2% target and that "we cannot tolerate it rising any further."

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