A post by @FirstSquawk on X.
Japan's Takaichi Says BOJ Should Ensure Stable and Sustainable Achievement of 2% Price Target
@FirstSquawk on X
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Japanese Prime Minister Sanae Takaichi said the Bank of Japan should ensure that its 2% inflation target is achieved in a stable and sustainable manner. The remark signals continued government pressure on the BOJ over the pace of policy normalization as inflation runs above target. It matters because the central bank's rate path drives yen moves and global bond yields. Investors will watch the BOJ's next policy meeting and any shift in its guidance on future rate hikes.
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Takaichi, Bank of Japan, Japan