Bank of Japan chief stresses need to hit 2% inflation backed by wage gains | Crypto Craft

  • Bank of Japan chief stresses need to hit 2% inflation backed by wage gains

    From brecorder.com

    Bank of Japan Governor Kazuo Ueda said underlying inflation is accelerating toward the bank’s 2% target, stressing that price rises must be matched by solid wage gains. The remarks came ahead of the central bank’s two-day policy meeting ending on Thursday, where the board is widely expected to keep interest rates steady at 0.75%. Ueda told parliament that wages and prices are rising moderately in tandem as firms grow bolder in passing on higher raw material and labour costs. “Underlying inflation is gradually accelerating towards our 2% target,” and is seen converging around 2% sometime from the latter half ... (full story)

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Riziq-Cap
Mar 17, 2026 4:16am
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This is the keynesian debt based economic system, inspired by austrian theory, were banker families, who have looted their wealth and caused in-equality, borrow the government money on high interest, to boost said economy - this theory was created by said banking families.

Now its not banker families anymore, its institutionalized and instead of the rothschild, morgans, sachs or oppenheimer, we have IMF, WB or multi-national corporations.

All this started in Babylon, my place of birth many centuries ago, we booted their asses out and confiscated their loot - after being defeated they established a base in Europe - and today is the result of that.
Niru
Mar 17, 2026 3:09am
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what utter BS. Not for one second do I believe inflation is still below 2 percent.
Trader#9DB3
Mar 17, 2026 3:46am
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their damn inflation has been above 2% for the past 4 years but BOJ keeps lying about it. They want to purposely devalue their currency
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Trader#B82B
Mar 17, 2026 7:11am
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And Babylon doesn't even exist anymore so who gives a sht
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