boj speech, 2025-02-19
Meanwhile, prices could deviate upward from the Bank's baseline scenario due to (1) the virtuous cycle between wages and prices intensifying; (2) inflationary pressure stemming from domestic factors exerted especially toward fiscal 2025; and (3) possible market volatility, mainly in foreign exchange markets, caused by an increased likelihood of the U.S. economy returning to a recovery path.
Sentiment: neutral
Topic: mp_inflation