Bank of Japan squeezed by Takaichi, Trump and Iran war inflation

Speaking on Wednesday (May 27), Bank of Japan Governor Kazuo Ueda cautioned that central banks must prevent this year’s oil‑driven inflation surge from hardening into a lasting global problem. “If inflation expectations are already high and wages are accelerating, the risk of second‑round effects is large,” he said, adding that the line between temporary and […] The post Bank of Japan squeezed by Takaichi, Trump and Iran war inflation appeared first on Asia Times .

Original source: Asia Times