Inflation warning from Japan: Price increases may accelerate

Bank of Japan Governor Kazuo Ueda said inflation is likely to accelerate through early next year, driven by rising energy prices, and that the central bank must continue making appropriate policy adjustments to sustainably reach its 2% target. The remarks signal that the BOJ remains on a gradual tightening path even as higher energy costs push up prices. Investors will watch upcoming inflation and wage data, along with the BOJ's next policy meeting, for signals on the pace and timing of further rate adjustments.