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BOJ chief sees progress in hitting price goal, signals further hikes

Underlying inflation in Japan is nearing 2%, driven by higher labor and raw-material costs amid a weak yen, with the BOJ ready to raise rates further as economic risks ease.

TOKYO, Dec ‌25 : Bank of Japan Governor Kazuo Ueda said on Thursday the nation's underlying inflation is accelerating gradually and steadily approaching the central bank's 2 per cent target, reiterating the central bank's readiness to continue raising interest rates.He also preached the benefits of further

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Kyodo News+ broke the news in Japan on Thursday, December 25, 2025.
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