boj speech, 2025-12-01
Thereafter, since it is projected that a sense of labor shortage will grow as the economic growth rate rises and that medium- to long-term inflation expectations will rise, it is expected that underlying CPI inflation -- that is, inflation excluding the effects of temporary factors -- and actual inflation will increase and, in the second half of the projection period of the Outlook Report, will be at a level that is generally consistent with the price stability target of 2 percent.
Sentiment: neutral
Topic: mp_inflation