Bank of Japan Policy Head Kazuhiro Masaki speaking in parliament
- BOJ sees underlying inflation gradually heading toward 2%
- Price rises post-pandemic have been driven mostly by cost-push factors, such as rising import costs from weak yen
- Expect cost-push inflation pressure to gradually dissipate ahead
- Services prices rising moderately
This article was written by Eamonn Sheridan at www.forexlive.com.
