TODAY'S MARKET INTELLIGENCE
Ueda Downplays Inflation Target Achievement, BOJ December Rate Hike Remains Uncertain
English summary
BOJ Governor Kazuo Ueda downplayed the 'victory' signal from the Outlook Report regarding potential inflation reaching the 2% target, emphasizing no rush to declare the end of deflation. Despite committee consensus that inflation has met the target, the BOJ prefers cautious action, leaving the possibility of a December rate hike uncertain.
The English text is machine translated and may require verification against the Chinese version.
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