Bank of Japan Governor Kazuo Ueda said on July 31 that Japan’s economy is expected to maintain moderate growth, while inflation is projected to move higher later in the forecast period. Ueda said year-over-year CPI growth in the second half of fiscal 2026 is expected to accelerate to a level “clearly above” 2%. He also said the Bank of Japan is expected to continue raising interest rates and will adjust the degree of monetary easing in line with economic conditions, price trends, and financial developments. The remarks were cited by BlockBeats, which referenced Jin10.
Bank of Japan Governor Kazuo Ueda said on July 31 that Japan’s economy is expected to maintain moderate growth.
He also said year-over-year CPI growth in the second half of fiscal 2026 is expected to accelerate to a level “clearly above” 2%. The Bank of Japan is expected to continue raising interest rates and adjust the degree of monetary easing based on economic conditions, prices, and financial conditions.
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