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Analysis:BOJ's message: Food inflation can't be ignored even as Trump tariffs raise risks

Channel News Asia LogoChannel News Asia1d ago

Analysis:BOJ's message: Food inflation can't be ignored even as Trump tariffs raise risks - Channel News Asia

Quick Summary:

TOKYO : The Bank of Japan's meeting last week passed with no surprises, but for a careful BOJ watcher its message on the need to remain vigilant on food-driven inflationary pressures had an important takeaway: Rates could be raised sooner than expected.

"If it persists, it could materially change the way people see future price moves and justify rate hikes," another source said on rising food costs.

Still, the fact Ueda flagged the risk of an inflation overshoot is notable as a sign uncertainty over Trump's policies alone won't hold back the BOJ from raising rates, analysts say.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 07:06:52 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1024 words

Reading Time: 6 minutes read

Sentences: 36 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27264130

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About Channel News Asia

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 46 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 17 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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