boj speech, 2025-06-25
As I mentioned at the outset, my view is that Japan's underlying CPI inflation had been on track toward achieving the price stability target of 2 percent and had been rising at a slightly faster pace than expected until March 2025 -- prior to the period when the Policy Board members made the aforementioned forecasts on the CPI for the April Outlook Report.
Sentiment: neutral
Topic: mp_inflation