BOJ governor Ueda: Upward revision to inflation forecast should kick in during mid-2025 ...Middle East

After that, we expect inflation to settle in second half of the yearNot seeing BOJ is that severely behind the curve right nowIt is necessary to raise rates in accordance with 'economic temperature'Appropriate response will be to gradually ascertain how underlying inflation will rise moving forwardWill carefully monitor impact of rate hike on markets, economyUS tariff policies are uncertain, can't comment on its impactWill provide a view on that once details become clearer This article was written by Justin Low at www.forexlive.com.

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